Yeah, lets fill our pensions with "safe" defensive stocks, like 'er Tesco?? Boring and not that safe it seems. Far better to use your pension pot a bit better and trade to make it grow, or alternatively invest a bucket load in a lithium investment company and wait, and wait, and.............. you know the picture!
ex-armour i am with you here ... It is the one thing that really annoys me about our BOD.. They are actually employed to create shareholder value which is different from asset value..
I get the strategy is to invest in Lithium and Rare Earth projects accross the globe.. However I'm never really clear if the end strategy is Sale of our interest in the assets to create cash returns, Merger & Aquistion or share of dividend once those assets are in full production and making money..
Its probably a combination of all 3 but it would be so much easier if the BOD appeared to have a very clear strategy/ mission statement with regards to Sonora..
'hastings-yangibanaHastings Technology Metals Ltd.’s (ASX:HAS) Yangibana Project is an advanced exploration project. In 2015, Hastings completed the advanced pre-feasibility study and has since taken steps to advance the project further. Yangibana comprises two mining leases and one mining lease application, ten exploration licenses and a further three exploration license applications and four prospecting licenses that are 100% owned. In addition, one mining lease and a further six exploration licenses within the Yangibana project is a joint venture with REM, in which Hastings holds 70% interest.
On the 18th of October, Hastings reported that they had received the final interpretation of the recent airborne magnetic and radiometric survey over the company’s Yangibana Project in Western Australia.
The data reveals additional rare earth targets. In particular, a total of 108 thorium anomalies were identified, summarized as twenty-two priority areas of significant exploration interests. These priority interests include those mineralized areas that have been tested to date and the data therefor provides additional confidence in the new targets generated............'
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