I don'tthink he's been flip-flopping at all. They've always had Wonarah, and the prevailing economics had been stacked against commercialising it and getting a mining operation underway up until only a couple of years ago. So the company diversified, looking for something with the potential to become a revenue-generating enterprise. So begins the foray into gold. Then, as Brett said in a recent interview, they began to learn that phosphate was an important component in LFP batteries and the Wonarah deposit had a potential market outside of the fertiliser industry. At the same time, phosphate prices were high, and there was potential for AEV to kick ofd a DSO operation. Prices fell overnight, and that market was gone. BC and no-one else at AEV can control that. So now the focus remains on LFP and YP.
So no, there's no flip-flopping here. Just a Chairman who's working his arse off trying to commercialise the company's biggest asset.
AEV Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
