I’m not a holder of MLL so this is not a plug for them but this article highlights the issues most lithium exploration companies are going through. By the way MLL are the same as us at all time lows.
As Rob has pointed out the lithium sector is on the up now so any decent news should see this rise. We have not long to go now and we’ll all know our fate, ESIA next week, FS shortly after and then Mining license submitted.
This will all happen before XMas so we will all know if it’s turkey or beans on toast for Xmas dinner.
I agree joe, all of us invested here will be underwater and none of us will be happy with what we’re seeing. Next few months will be make or break in my opinion, if the FS reads well and the Chinese are happy with the bulk sample we could see the off-take agreement finally signed with some concrete figures behind them. Then comes finance and I’m hoping like others it comes in the way of prepaid off take.
News from our neighbours is interesting, I won’t post it up here as you can all google search it yourselves but I’d be very interested in what Chico estimate for plant costs.