I actually would be dissappointed if they do buy CAD - to me it would be a management distraction on unproven exploration areas that are still questionable.
I am not saying CAD is a total dog, I do have a speculative holding in CAD which I would not have bought if I thought it had no potential, it is just I think rather than distract management with an unproven overseas Lithium exploration poject I would rather see MRD management focusing their attention on the Mt Ridley site which appears to have quite reasonable potential and where some focus on it might see the share price heading north.
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