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Think that’s not fair . Look at the company as while and what it has achieved, 99% of miners of a small cap nature hardly ever get to this position . This strategic partnership news is a major part of the jigsaw and needs to be handled with care . They need this to be right .
Morning bean counting
I think your post is fair and it’s nice to see others with different opinions . I think you’re correct in your thinking and I personally see this share price and the way it’s been handled by the market makers is a disgrace . It’s Pretty clear one of the major tr1 holders has been selling up due the fact of the current prices you refer to . I was discussing this with another investor this morning in regards what the company maybe doing . The current lithium price is not helpful when trying to negotiate a deal , it’s almost like the price needs to be somewhere in the middle so the partner feels they had a deal along with the company . The bonus here we have an operational plant that’s making money and the lithium is being produced for free . The company I feel still has the upper hand here , it’s making money and has still plenty more scope to price up further resources in different area we have which will be used in negotiations. They are not being held to ransom because they have the backing and money in the bank to carry on as normal . My conclusion is we just have to be patient times and prices will move eventually, who knows the company may well surprise us all .
Hi tricky
I was having this discussion only today regarding pricing for tin and lithium being so low. The way I see it if we were the opposite way round and we had high prices people would climbing over themselves to get invested into companies like this. The old saying goes buy when others are not interested , the reversal will happen at some point but it’s just a matter of patience. If you see the articles about lithium in Australia for example the billionaires and big companies are battling it out over ground and producing assets they still see serious value even with recent prices . I still remain bullish.
Ccc
Good afternoon . I hear what you are saying and it’s nice to hear a different view apart from my own bullish ones . I do refer you to my previous post regarding these types of deals have to be handled with the greatest care as this will be the biggest deal they do as company .
However I do take the point of Anthony telling investors where they are at with this process , I would presume as for Monday everyone will be back into work full swing and we should have a busy quarter this year as I’ve pointed out with other news events kicking off . I personally see a full pact year of news as we have just seen last year for example , the potential growth here is hard to ignore so much to pay for . Let’s see what happens over coming weeks .
A second phase of drilling, including mineralogical characterisation, is planned for Q1 2024 to increase geological confidence, prove continuity of mineralisation along strike, and to establish a maiden mineral resource estimate. In addition, the Company plans to conduct comprehensive metallurgical test work to support future feasibility studies for a mining and processing facility at Lithium Ridge.
They aren’t shy in issuing RNS’s I personally will start seeing news flow next week maybe and expect a full pact year ahead. Plenty of news to come .
That all depends on how you look at the situation. The more people that shows interest the longer it will take to go through the process that’s not their fault . The partner that will come on board will be the biggest move and deal they will do as a company so it has be right for all parties involved. I’m happy with the progress they are delivering excellent results and that will only grow imo.
Hi tricky
i was looking at lithium and tin prices this morning and reading some articles myself on how some analysts are seeing how things are going to happen with these two commodities . The demand is only ever growing and prices we are currently seeing will start to move next year at some point. The fact we are currently going to expand the operations by doubling the output is clear picture what's to come. This company will grow significantly over the course of next year you only have to look at the backing this company has to realise this is fully committed operation and team behind it.