RE: Investor Presentation Sept254 Oct 2025 12:20
@Mullins the only reason the SCAP is what you call 'low' is due to the 100/1 consolidation a few years back when we had just over ~11bn shares in issue that's now been diluted up to the equivalent of ~40bn shares so massive dilution on top of the massive dilution it took to go from 2bn shares in 2013 to 11bn shares when they consolidated ... LTH's have borne the brunt of the value erosion ...
... however what really matters is the MCAP Γ· by the shares in issue ... & bizarrely by crook or design the current SP is at the same price roughly (taking into account the consolidation) when the SP rocketed in 2013 on the back of the initial Sonora drill results .... if we see anything like another rise like that on the back of Amapa all will be forgiven & forgotten very quickly by most & I'll be out quicker than a scolded cat...
Mediman ... there are potential 'milestone' rewards IF Evergreen ever develops/progresses the Lithium assets we set them up with but the likelihood of that has significantly diminished to non existent now IMO & we appear to have been stuffed & lost out again IMV...
Hey ho & roll on Amapa let's get the assays out, the deal signed & see who's behind the curtain - if it's who I think it is I'll be a very happy chap ...