RE: Recon Africa - Damara Fold Belt5 Nov 2024 07:26
Dukey ALR dead ? We are told by someone with a prounouced and long nose, with a tendency for Walter Mitty that we have 200 tonnes of Lithium waiting for export.
It's unbelievable but in ten days time it will be a year since the first Lithium exports crossed the border [ 15th Nov 2023 exports RNS] . What a spike we had then !!
Three hundred and fifty five days later and our 200 tonnes is still gathering dust and has dissapeared.
We now have hyperbole of meetings with Presidents ( DRC) and Head of State [FASO]. I think the DRC hype will dissapear with one last roll of the dice on termite samples. Interesting times but many on here view past past performance as not being reflective of future prospects. I would concur but their worry should be Trust, appalling short term debt, dilution and large equity holders with substantial debt [ always a red line ] . All IMO only.