Ron wants to introduce extra two independent directors and pay themselves a premium salary package and all incentives even if they did not deliver the milestone they promised last year and still want shareholders to support their lifestyle management.
And can you explain why other junior lithium developers are still progressing their projects such as GLN, WR1 and PMT. Okay, you can explain that GLN would be one of lowest cost producer. Then how about WR1 and PMT? They are in Canada, frozen area and would need huge capital investment to build all infrastructures. PMT used US$ 1500 or 2000 of spodumene price in their PFS study which was nearly doubled than the current price. And we haven’t talked about the potential tariffs between CA and US.
GL1 Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
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