A40 price action, page-269

I am also confident that as a miner we will do great and IMHO time will not tell but prove quality of A40 management and BH.

I may get some enemies here by saying that I am happy with current SP and didn't expect huge gain until next quarter.

We went down so much in the past 12 months but so were other lithium miners that are also progressing with their plans.

There was not much for short term investors. Past 8 months we only had conflicting news on the merger, fear of no ASX listing, delayed shipments, cuts in production due to water problems, high stripping ratio, changing of trading terms with Burwill. It is not a great picture.

The only positive news was an update on January production.

Looking at longer term (for those who doing DYOR ) A40 presents huge potential.

Stripping ratio getting down, very low debts, fines only 6/7 months away, soon to be announced new offtaker, potential to increase LOM as we only touch small area of BH etc.

The only thing that could stop us moving up would be another MS report on oversupplies or slow down in EV revolution but this is what we and/or our BoD can not control.

I am a long term investor very confident of getting 2 or 3 bags from current SP in the next 12 months and hope that my assessment will prove me right.

That's way I am happy to do my little top ups now as other than BOT, I can't see many investors selling today.

Any confirmation on February production on line with the past month and/or sudden TH regarding new offtake ( expected this month) could create new base level well above where we are today.