re 'How to communicate...Interesting how the very start of the video is the cash position they have ($40 million?) and quickly followed by the drilling plans.
The high grade ore body FL has is the only asset they have.. That makes further drilling essential to increase the reserves, to clarify the structure and the grades. FL will be lucky to increase the proven reserves to 70 million tons this year, with no plans and no cash to keep drilling.
The power is in, the road will happen whenever it does, they cannot influence that. After toying with Glencore and a novel new process they have decided to stick with the standard process, so all effort should be on permits and drilling.
Although a chemical plant is the next logical step, given the current market cap it seems ludicrous to spend cash there. Whatever partner they get will have a lot to say on that decision.
We need a tailwind first on the lithium price, and government action on road and permits.
Best of luck