RE: Does not add uo.....3 Jun 2018 21:00
Old ...
KZG is and always has been a VERY risky play based on the Bod and water.
I am not worried particularily about water, it can be bought in at worst.
I am not worried by the resource of either tantalum or what wil be huge JORC lithium.
Not that bothered by the current sp either although it could always be higher lol.
I was in for the rise to 15p. Learnt a lot then.
Back in just before suspension based on 2 Australian CEO's of Spodumene lithium companies and their view of Chinese demand.
On listing I had a view that lithium would be the play here, but a few have persuaded me that really tantalum is the bread winner with lithium on top.
Early April I think I posted my changed view, but still expected news from the auditing client on lithium progress.
I think since the audit came in good, things have changed.
I said I am not worried, however, I am now uneasy at the latest Lithium news as this imho is a 6-10 month process. I also think, from basic maths , some results are available but not being released ?
Can kicking imho now but certainly no problem. This is testing seams already with classified lithium proven, so no worries on resource just going to take a lot longer. Boo.
Invested and just waiting for the proven to be increased. Now thats a good point to end on.