Hey Bish, I'm surprised you're not at another thread being self-congratulatory but, unlike some, I know that's not your jam - well done though
As you know, I run hot and cold - but at the moment this Ice Queen is still pretty frosty on these announcements and whether it's time to jump back in with you clowns
@Ted1950 ... and your post has got me to thinking. There may be merit in your suggestion
But I digress, two things caught my attention today - and one of them reinforces something I think Scarpa? may have mentioned previously ... potential issues with the terrain and infrastructure at Morabisi?
... is the current project proving too difficult?
Now I fully accept I'm a glass half full type of girl so, please someone disagree with me if their interpretation is different but GK went on to say: "equaling or
bettering the best result from Phase 1 at Morabisi"
I read that as being their focus is now potentially moving to something more "favourable" than the current conditions they're facing at Morabisi. I'm actually not opposed to that, if there's something better, of course pursue it - but from an investment timeline pespective they've used their usual non committal language "as soon as possible, news flow to shareholders accordingly"
.
And if my theory is right, and Moribisi is put on the back-burner, then they're back to square one again with exploration aren't they? - and they have a 3 month window to complete work again between wet seasons
.
So I'm conflicted ... my life story really. I accept that Li is hot to trot but really I'd recognise the potential in a sparkly on a finger before I would in some dirt and, from my perspective,
previously GPP was attractive because of the other two bazookas. @apkjm has suggested that OHD and SOP are being ignored by the market now (not sure if I agree OHD is completely dead, I still wait with baited breath). But, let's just assume the focus is solely on Li now ... can someone explain to me, what makes GPP a more attractive buy than other Li explorers out there?
@Scarpa keeps mentioning the time to market being important. I'm seeing (perhaps?) a change in focus to a new site? and then there's this now potential issue with infrastructure (roads)? and the recurrent theme of the wet season reducing their productivity by what 6 months per year
... surely other sole Li explorers don't all deal with all of that.
Doesn't all this just continually throw a ball and chain around this share and slow down progress for shareholders?
