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20.0% 0.3¢ morella corporation limited

It might pay to wait a few quarters such that stage 2 only comes...

  1. muppet655
    3,740 Posts.
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    26/06/19
    18:58
    Post #: 39253784
    It might pay to wait a few quarters such that stage 2 only comes online as Spodumene prices start to recover (2021/2022?). I agree that big players don’t want to overpay, but even stage 1 should put the SP a lot high and facilitate debt clearance with less dilution.
    AJM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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