Definitely not trying to start a classic social media 'shit-fight' here mate they always suck, good entertainment for the crowd I suppose, BUT always look out for the but, it's always the but
I was indeed with you if not fully onboard with what you were saying right up until you uttered the shocking words 'asset sale for at or near ATH, this is very very far from a pragmatic view or result, its far more representative of a defeatist view leading to a dismal result IMO. Our BOD are on record at the AGMs as saying they will not even take an insulting offer to which you very much clearly described and suggested it is a better plan even, to which I protest. We as shareholders need to have more understanding as to the true value of this project and our company, so as to be able to support the BOD in rebuffing silly offers and support our BOD in face of the MMGA BS, even they would walk a $1.3 AUD offer (which would tell you everything you need to know), it's apparently already been rejected thank god.
I understand we are all suffering and over it, some are financially screwed in various forms of severity and I'm certainly not immune. But to say a better management team with a better plan is selling the asset for or near ATH is IMO utterly ridiculous and totally ignoring where we are at and what the company has achieved via DFS, further drilling to improve our JORC & pit design numbers, BFS, ICC & ICSID near-certainty chances, the sheer potential of the tenement for future expansion let alone the great numbers that the to be announced BFS will churn out for us to calculate an immediate value. This is the spodumene price setter, the market controller. The value in that goes above just the BFS its a strategic price setter ffs. Then look at LTR, this shits on LTR, an yet we can't even muster a sale price above their MC. Please don't devalue this strategic project due to the grind tactics of the Chinese and sell yourself and all other investors short too.
Can SH please stop with the insulting ATH TO BS, its some Stockholm syndrome type shit. BOD aren't having it and neither should you, go look at the DFS, go look at our peers like LTR, look at PLS at $13Bil MC, thats where we could/should be, we are the TOP of the pile, so after slapping yourself, galvanise yourself and get back to supporting yourself and the BOD in getting us the best possible outcome ..... not just any old outcome. The MMGA crew would love to hear such low expectations.
If you feel I'm talking shit and pragmatically speaking this project is only worth $1.3AUD then I suppose we will have ourselves some debatin' to do
because that my fellow suffering shareholder I'm not accepting that for a cotton pickin' darn second.
