Okay then not sure why you are still holding if you think all this - I would have exited asap rather than having a whine and childish pot shots at management. I don't care if you are free carried bla bla. You are responsible for your own financial decisions.
I'm not saying you but there are others after a quick buck and rely on excellent researchers on HotCopper but when they become in the red then lo and behold!
If you think misleading statements are being dished out then I encourage you to bring it up at the appropriate channels.
Did you understand Guyana Morabisi project had to be voted in as a Asx requirement before further development?
Do you understand Guyana is a jungle?
Do you understand this Guyana Morabisi project is a greenfields exploration project with no previous historical drilling reports?
Do you understand it has a wet season which can affect activities especially on ground exploration (phase 1)?
So in light of this in my opinion GSM have done very well to confirm lithium despite having nothing to go off except geochemistry which of course helps a lot don't get me wrong.
Yes I would love to have had things go quicker (exercise of phase 2) but this management are the type for no rash quick decisions without due diligence - right or wrong is your call and I'm not here to argue about this.
Now the next stage is to quantify how much they have/can find.
Of course there is risks involved and they may not find a suitable resource.
That's the risk and game we play as explorers.
However the reason why I was very attracted to this Guyana Morabisi project was the sheer potential size they could find - district scale!
Coupled with the geochemistry and geological settings, favourable political and social stability in the country and relative close approximity to Georgetown Port - these are the reasons I invested in.
Unfortunately GPP was very hyped around this time last year but now it is good that management and GSM are getting on and making good progress without this.
As usual everything in my opinion in this dirt cheap SP environment we find ourselves in
Have a nice day![]()
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