I was also very optimistic about LI3 especially about their brine projects. When I read the ann about appointment of Mr Moller as Chairman I sold half of my holdings - now regret I didn't sell more. I held Aus Tin for more than a year - a company he has been a chairman. Most of the time I was in red and only managed to sell it with a small loss when it had it's peak. So many promises and projects but very little action to move forward. The guy is a chairman in 3 companies and seats on board of another six. He must be in business of making many through directors fees. Like Deznuts said it must be old boys network.
LI3 Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held