I am definitely of the mind that having some skin in the battery metals game is worth it long term.
4CE presents a compelling Li play but is ultimately a game of nearology chess. We are counting on the pegmatites at Kito and Kanuka to be of similar structure and chemistry as Manono. We are also, whether we like to admit it or not, beholden to some of the challenges facing Manono such as transportation etc. Though we definitely have the advantage of some established facilities and logistics of MMR JV.
At this market cap though and simply from looking at how overdone the selling has been on battery metals, 4CE is a compelling play.
Add in the fact the main players invested have not sold out and in fact have added more in the sell down and I think we are looking strong. It is why I am still here.
I just think JB is trying to time the announcement right with regards to the upcoming conference and the auger results plus the RC results to get maximum exposure and value for the company. Obviously movemens and happenings at AVZ TTX and HIP have bearing too.
Well that is my guess.
I also look forward to the next found pegmatite being named Kahuna just for some HC supporter love ha ha j/k
4CE Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held