I lost my lithium batteries out there whilst walking my lawn mower. Just do a soil sample - certain to find lithium around my rusted out lawn mower.
Seriously it is the potential that you invest in here - if the tenements either side of you have lithium there is a bet that your will have lithium too. Whether they are of commercial scale is another story. MPJ needs to do some soil sampling, some seismic work and then some drilling IMO. Ride the lithium wave is what it needs to do, but if it doesn't move to explore then the train ride will go elsewhere to other stocks IMO. Happy to hold for a while to see what happens here. High risk/reward stock so it is an investor's call to invest or not - I hear the down rampers but I know where I am at.
MPJ Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held