RE:RE:Lithium Newssupersceptic wrote: I think that even if Li will start to rise slowly, this time, miners won't be as agitated jumping to expansions plan. In fact, they might wait for too long...
I am with RuudinFrance having mean attitude toward them, it is purely self-inflicting pain that they delivered to themselves and we are "collateral damage".
NLC lost next to nothing so far. We increased resource, even if Li would be 20K cannot do anything before Pilot, FS, or EIA. Of course s/p would be 5X better.
We need to get it all done, I would not mind more drilling in high grade and trend should catch up by that time
I think NLC s-p will first rise on company's developemnt and then Li price will add gas to it.
Drilling season has about started. Your wish will be their command, so to speak ;-)
We'll have to see if results come in soon enough to be incorporated in the DFS (maybe yes).
Sure that they themselves will have saleable info, if not published immediately.
They've given themselves time until June 2020 to get EIA approval, battery grade pilot production, DFS and financing. The end is in sight, still time to accumulate cheaply.
Note: June is after the drilling season.
Waldo and team did learn a lot from their LAC experience.
Have fun.