Unless you participated directly in the Credit Raise or converted options, it is NOT YOUR MONEY. Buying shares on the market gives money to someone else and the company couldn't care less, they don't benefit at all from it.
This isn't shark tank where you have a real say in the company by buying shares from the public market; no one is really an investor in the company unless your funds went directly to the company, otherewise you effectively own shares for the opportunity to benefit from (hopefully) potential growth and you're hoping you made the right choice buying shares off of someone else who decided to sell.
No one's "hard earned money" is being wasted (unless you converted options or participated in the raise).
If you're unhappy sell your shares, take responsibility for your decisions (mistakes or otherwise) and find something else, you don't own the company and the company owes you nothing as you never gave them anything.
Phase 2 drilling started and still has potential to find where that lithium from Delta's Jameson and Malinda distributes.
Niobium highly in demand with some results due soon and approvals still to come for drilling to then start on those holdings.
Gold project there for funding of future works when needed.
Manganese is going under the radar but is gaining interest as it's important for batteries, Benchmark Minerals have reported its importance and growth to come:
https://source.benchmarkminerals.com/article/benchmark-launches-manganese-sulphate-market-outlookBattery demand for manganese set to increase 8-fold this decade
Demand for manganese in batteries is set to grow over eight-fold this decade, due to new battery chemistries and rising electric vehicle sales, according to Benchmark’s Manganese Sulphate Market Outlook.Manganese is a crucial element in nickel cobalt manganese (NMC) cathodes and can be used to improve the range of electric vehicles at a relatively low cost.
New battery chemistries are expected to use even more manganese. Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and improved performance.General Motors has invested in Element25, which is building a manganese refinery in Louisiana, and this month also backed Mitra Chem, a Silicon Valley company which is developing lithium manganese iron phosphate (LMFP) cathodes.
Chinese cathode companies are also expanding production of LMFP cathodes where manganese’s properties can improve performance at a lower-cost.Next generation lithium manganese nickel oxide (LMNO) battery chemistries are also soon to be commercialised and Benchmark forecasts a 6% share by 2030.
Yet the supply chain for high-purity manganese sulphate (HPMSM) production is dominated by China, which currently accounts for 96% of global supply.
Maximilian Court, product director at Benchmark, said: “Understanding the chemical complexity of more mature commodity markets is essential as OEM’s seek to manage supply chain risks and scale for emerging EV demand.
“Manganese sulphate is an increasingly strategic input which helps to improve battery safety and lower the cost of cathode chemistries – understanding how manganese refining capacity will scale is at the heart of the lithium-ion economy and its longer-term technological evolution.”Jess Roberts, Benchmark’s Head of Forecasting, added:
“Manganese’s elemental properties, its lower-cost application in batteries, and its concentration in China is why western OEMs, governments and businesses need to address upcoming market deficits; and it’s important that they engage with that future story now.”
(20min delay)