RE:RE:What is most important right now is the 0,14$ wall is gone!Ceetong, I don't mean to disrespect you in any way, but I think you (rightly) express the sentiment of many an Aberdeen shareholder, and I would like to use your post as an illustration of my thesis. You classify your investment as an abject failure, you regard the management team as inept/unethical, and would gladly sell your shares somewhere between these price points and $0.20.
The stock can only head significantly higher one of two ways; 1) Individuals that share Ceetong's sentiment change their minds either about the company, its long-term prospects, value of its holdings, etc., or 2) they're able to exit their positions at a small loss/gain, or break-even point. For many that purchased since the initial LIX transaction, that number is somewhere between $0.15-0.20/share. I think the latter is probably the more likely, as once those shareholders have sold their positions, you could very well see much higher price points. Management has yet to utilize their NCIB as of July 31st, so they still have the dry powder at hand to buyback and cancel ~6.3 million shares.
Anyone paying attention to the companies would notice that QMX, BKI, TM, & FUR have all had positive developments as of late, and have building bases at their current price points. To use a baseball analogy, those are "next up" IMO for some tangible progress and marked share price appreciation. I was talking about Desert Lion long before it got noticed in this most recent quarter for it's estimated value. What makes Desert Lion so valuable is that the company is publicly annoucing its intention to recommence production in Q4 of this calendar year. Speak to Joe Lowry or any of the lithium experts, they'll all agree current production is being picked up at higher and higher prices, and all producers are more-or-less sold out. The reason why DL will command a premium is not because it'll have cost-effectiveness vs. traditional brine operations, but rather because it'll bring much-needed LCE tonnes to marketplace that requires them ASAP. IMO, even if Desert Lion falls short of its expectations and instead resumes operations in 2018, it'll still beat LAC, NMX, AAL, LIX, ORL's 2nd expansion, etc. If DL can execute on its strategy, my belief is that it'll be highly sought-after in 2018 as a bolt-on acqusition for either a senior company, or more likely, a junior that has a path to production but isn't expected start supplying until 2020 or beyond. People think too linear, and think just because a company won't have their flagship projects into production for the next year means they'll sit around. They won't, IMO there will be some serious M&A in the space next year. Aberdeen could benefit big time if the company is taken public or bought out by someone else, or both.