We have a lot more cash that I expected... 1.25mil at the end of last month.
Is enough to complete the 3D AMTs and for working capital I expect.
The last time we were at this stage the share price went on to hit 9.9c... maybe second time lucky this time around.
Hopefully the AMTs and the previous core assays tells us something good.
America is going to be more reliant than ever on its domestic lithium/battery industry now that it’s stepped back from free trade. Australia has good relations with US and our projects are in the right place - all we need now is some good lithium down in those aquifers!
P.s we also have magnetite, Edward creek (plus 1.25mil cash). Trying to be objective here but surely our mc seems a bit low for all this exposure.
Ann: June 2018 Quarterly Activities and Cash Flow report, page-2
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