There are many bets in the market. To name a few.1.Discovery...

There are many bets in the market. To name a few.
1.Discovery risk is the foremost.
2. Capital Management.
3. Finance risk is tied to safety of jurisdiction longevity / economic payback period.
4. Approvals risk is the last hurdle. And surpasses all the former. As Gina has said, in AUS that only 20% get past all that black green red tape.
5. Commodity cycle.
6. Takeover.

Where does that put us ?
We have performed brilliantly on 1, and 2 with CFTF and 38% tax rebates.
With 3, who is going to lend you money ? Where would you build your dream home ? Only where you get to keep it, and can make your payments to the banker. Not every stock has a 500m capex book value potentially in hand. Thats 500m we dont need to borrow, or dilute. - the smaller say 250m to get up and running, is more likely to be financed as the payback period is potentially more attractive. (come PEA and projected spod pricing)

4. Approvals risk mitigated with where Renard positions us, is what Gina would dream of.

5. Is out of our hands, but a game of patience. At this cap, the tide rising can offer say 20 x eg. to take us to CXO heights $2B , in a summer environment.

6. Predators like the hot sauce in summer, and the eskimo pie in winter.
Do other global disruptions make it more likely that geopolitical Canada can attract more corporate action ?
Like, what is Rio going to do, if its mega Serbian mine in blocked ? ?? Wont they see the ripen fruit we offer ?

There are many other lithium stocks which are not ready for the ball. Their dresses are torn, their shoes are worn out, their lady in waiting has been in the chimney cleaning coal dust. Not presentable at all.

But we are. And all we need to do is either sit and wait for the horse and carriage to arrive with a forward looking suitor, marry us on the front porch, or get on the dance floor in lithium 3.0