It's been 7 months since the first prospectus, the company has had multiple rounds of delay with the ipo because they could not raise enough funds, and 3 months since listing, and all they have done is releasing the same company presentation over and over again (I can't count how many times now). Nothing! And you question why the SP tanks and blame it on the seed investors? The EV is now in line with a whole bunch of other junior brine exploration companies like LKE, PNN, RLC, ASN. So I would say fair value now.
Wake me up when they actually going to drill.
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Add LI3 (ASX) to my watchlist
Currently unlisted public company.
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Simon Kidston, Non--Executive Director
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