Ann: Quarterly Activities Report, page-44

@MaxAction all things progressing nicely by the sounds of it imo.

If Nachu finance negotiations were not progressing well, do you really think the company would have completed the RAP payments, applied for and had approved an Environmental Certificate and be looking to put the village construction to tender?(1)

How do you know that the Indian JV is far from being finalised? - please provide some substantiation. In such absence, I look towards research and signs including registration of the LIBCOIN name almost a year ago, and obvious support from the Indian Minister.(2) Interestingly, following Geete's announcement of the BHEL dialogue, upon scanning the media I see that the partnership was defined enough for him to be giving out details way back in June 2018:

State-run Maharatna company Bharat Heavy Electricals Ltd is in the preliminary stage of talks with various global lithium ion battery manufacturers to set up a manufacturing unit in the country.

Heavy Industries minister Anant Geete on Tuesday said the PSU will have a 20 percent stake in the project while the partner will have a majority stake. Like many countries in the world, India has also embarked on electrifying its transport sector.(3)

Anyway, if you don't choose to look at facts, that's up to you Max however, but it seems you would do well to broaden your input rather than relying on your own judgement, as I recall you calling a gravestone doji at 29c Now I admit I'm no TA expert, but a 'gravestone' doesn't sounds good... does your prediction of doom and tragedy account for a current SP of 37.5c?? I look forward to your explanation


1. ASX announcement 31 Jan 2019, MNS Quarterly Activities Report.
2. 18 Jan 2019. BHEL and LIBCOIN to Build India’s First Lithium Ion Giga Factory. http://pib.nic.in/PressReleseDetail.aspx?PRID=1560513
3. https://www.businesstoday.in/curren...lithium-ion-battery-factory/story/279007.html