I have just spent half an hour on the HC site reading posts on one of the larger (resource wise) oz lithium companies, gearing up to mine.
It is a real bunfight, with posters attacking each other, backbiting, and a heck of a lot of the home & away type, dribble.
The mods are in there pretty regularly too, trying to tone it down a bit, and keep things a bit civil.
I much prefer, our quiet patch of the paddock.
One of the larger contentious issues, atm, is the Offtake Agreement for Spodumene concentrate, and could management have made a better deal, resulting in less dilution, for current shareholders.
Another point is where is the money coming from, to build the mine & required mine infrastructure.
Contrast their financial and offtake requirements, and all that generated angst, with our very modest requirements.
I know which I much prefer.
NAG Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
