Excellent Story!! Good work Team Rodinia This has an extremely positive year for Rodinia and the lithium industry. Lithium prices and demand are strong. Consumer electronics and electric cars are taking flight. Tesla has a back order of 13,000 cars!! Not much new capcity has come online.
Rodinia has completed all drilling within budget and is only months away from FS release at which point they will need off take partners and financing, which will come hand in hand I suspect.
This is extremely positive news for us. Markt cap of 20million is so low. This will raise to 100million soon.
ALSO NOTE THAT MANAGEMENT SAVED THE COMPANY. IN A YEAR WHEN NO JUNIORS WERE ABLE TO OBTAIN CAPITAL, NOT ONLY DID WE GET CAPITAL BUT NO SHAREHOLDER DILUTION BELOW 45CENTS.
Congrats to all longs and management team
ReduceCo2