RE:RE:RE:Notice that someone hasn't been posting in a while?Cunchy, I don't know what IR said, I don't call them as I am one not to put too much faith in IR (their job is to get people to buy and not sell), but having said that, I point everyone to the July 7 Press Release in 2021... about 9 months ago...
...".... SLR will initially formulate a mining optionality assessment through an evaluation of all existing data and the acquisition of fresh geotechnical information from the upcoming drill program. The second stage of the FS, expected to be completed during the first half of 2022, will include the design of a mining method, processing parameters, related infrastructure, environmental screening and an economic evaluation....."......
Is this on schedule, I don't know.
Then October 15th when they stated this.... ".... One of the key issues being addressed by the feasibility study is whether the deposit can be accessed through an inclined ramp or a vertical shaft. Ramp access is anticipated to require less capital and operating costs while providing infrastructure efficiencies. Coming drilling will assist with this determination.....".....
And this was repeated again in January 2022 when they started drilling a 500 m step-out.
My conclusion is that a lot of hype pushed the price to highs, a lot of profit was taken, and now back at the support level as we get nearer the results of the study sometime before the end of June. The volume has dropped off because the stock has churned and changed hands. SALT is not a big Press Release pusher, which in my opinion is great, because people buying are likely buying for the right reason.... this reason is Roland and his track record. Either you are a holder and believe, or a seller and moving on.