As long time holder it seems to me even with great Li% and what appears to me large reserves they are in the same paddock as many of their peers , It is getting near time to start looking for either offtake partners or announce that they are going to mine the stuff themselves .
To me it is just the same as a farmer let's say around Williams or Kojonup a great wheat ,sheep area in WA owning 40,000 acres of prime farm land but refuses to crop or have cattle or sheep . Yes it is a great asset but doesn't produce an income until he actually either gets a share farmer or starts working the property himself .
The market today is looking for more , I feel the times are nearly gone when someone can say look I might have this ,come invest in it . Two very very very good announcements have just about proved this point and I'm looking forward to the metallurgy announcement to see if this might kick start the SP.
I believe in this company but I think a more proactive approach is needed in today's environment for Li stocks . The same could be said for their Queensland holdings also.
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