The reality is the market has seen lithium stocks drop and don't yet believe they need to have their seats booked and paid for, the market is prepared to wait. Yes there will be a huge run, but when we don't know.
In relation to the specific matter you raise, I have said for some time, that I want Bruce pumping at all times and not just when the trough needs a refill. A pattern has formed and now the market thinks when "Bruce is tweeting, Bruce is raising". He has gone quiet lately and yes there is enough cash for another quarter but lets just hope any funding is done to a large investor and not a spp, our holders don't deserve an spp as there has been enough chance to buy shares.
Having said that all Bruce gets from some on here is negativity so its no wonder imo he has shut up shop and just got on with the job.
It seems to me that until we have a JORC and the market knows what our resource is that we just wallow. Is it cheap buying? If we have done our research on the potential resource of lithium, bromine, boron and Iodine etc we may think it is, only time will tell.
Bruce cannot force the market to buy our stock, the sellers have control ( in small volume), to be frank many don't understand a lithium and other mineral project like ours, its unique, its not "a cookie cutter project". Until there is a JORC I think the market still think we are a bit left of field.
By company estimates the JORC is due in the next quarter ie somewhere between in 8 days time and 3 months time. If LC2 has flowed and been able to be sampled then those results no doubt will be plugged into the calculations.
I have been posting less lately, there is simply not much to say until we know the outcome of LC2 and the JORC.
ASN Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
