STT Week end 19th August 2022, page-35

  1. 6,701 Posts.
    lightbulb Created with Sketch. 1586
    Scombley, couldn't agree with you more. All that RGL, MRR and IMI have seen so far is lepidolite / spodumene. As spodumene doesn't weather very well, the sight of it at surface leads to the conjecture that lots more of it lies underground. Nobody really knows until they drill, and get the assays back. This picture from IMI probably tells the story best, with Lepidolite the purple, and Spodumene the pearly white.


    https://hotcopper.com.au/data/attachments/4610/4610754-cfd37fd36684670ed4f2a8a275670220.jpg

    I guess in choosing RGL, I am backing David Lenigas to create a lithium based company with multiple projects more than any other factor. That and the fact I was hoping to find an early stage lithium project that might become a billion dollar plus company. @roberter1 that greed thing never quite goes away completely. Hopefully my only making a pilot purchase in RGL at this stage will help me manage the risk here eek.png

    P.S. Out of last week's 29 stocks I couldn't find fundamentals for most of them that supported their recent runs, and unsurprisingly most of them have gone backwards this week.

    MEK and SPQ were the exceptions, and they have some pretty interesting projects if anyone wants to look at them.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.