RE: RNS ASX listing15 Aug 2022 10:56
Finally the news we long term aust shareholders have been waiting for, no more dodgy aim and mm crooks manipulating in this cesspool. Lithium stocks are flying on asx on back of plenty of recent good news not to mention Bill in usa. You think perhaps piedmont may see some of sleepy joes renewables cash handouts??? Meanwhile this gem of a company does little.
Have a done a mountain of research on asx listed li companies, i strongly suggest you all do the same, most did presentations recently for wa conference. I am as convinced as ever we stack up against our peers and then some. As an example core lithium closing in on aud 3bill market cap. Realistically 12 months ahead of us to production but most comparable re resource, cap ex, op ex etc. They do have better grades, and are in aust, but metallurgy not as good and offtake deals already done. We own outright 50% of everything, just think about that for a moment, and I believe òur upside resource / mine life is superior, let us not forget 60m / 70m intervals latest drilling plenty more to come outside of our 30mt. Nobody ever mentions anymore the true payload of this licence was and most likely is the Hill, the original drill holes, i suspect that permit is in the pipeline and we can go drill the bugger and see if that sill geology really does exist. As at today we are valued just over 10% of core. I guess we find out soon enough who is overs and who is unders, im loving the punt. The upcoming pfs will be fascinating reading i believe and make mockery of the fact we're trading anywhere near these levels. Did I mention we have usd15m cash in bank no debt and fully funded? There is no more dilution. Regardless I'll be taking mine back to aust I hope everybody that can does and we leave this crap aim for good. Its purpose was well and truly served years ago. We've long outgrown it.
All the best everybody, especially the lth's and the true believers, im confident we're in for one hell of a ride.
RIP Vincent, we miss you very much x