It would. Lithium is the hottest mineral at the moment followed by graphite. But at this juncture why has the company gotten away from its knitting (nickel)? More investor appeal? Sure. But what is critical here? Quite plainly with a lack of capital, and a necessity to raise more soon, a CR with that burgeoning number of shares and the same nickel story is not feasible. The best way out is for those options (MPJOA) to be brought into "the money" by giving the SP a leg up into territory comfortably above 1 cent. This lithium play might just do the trick. Hope this project has the grunt. Smart move.
MPJ Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held