RE: Hmmm...10 Jun 2025 07:41
There you have it from the horses mouth so stop banging on about lithium prices !!! The bigger threat are the Portuguese share hoovers, the offer is coming, the question is how much ?
“Furthermore, as a pre-production company we are largely insulated from the low prices of today.”
As for progress there’s been a lot, but the company as it is will never mine anything, the new owners however …….
Offer is likely to be anywhere between 8-12p once they have strategically placed themselves where they need to be, don’t forget they need to buy out Al Marjan too plus a few other larger holders, unless they are all in it together which I doubt. Now if only we knew where the stock is coming from that they keep buying.
There’s still an opportunity for PI ‘s to make significant returns but I fully share all the frustrations.