A missed opportunity, page-20

Thanks as always for your thoughts @rjohnson1234.

I have a very similar sentiment, which i posted after yesterday morning's announcement, and that is we are getting closer to the payload at LC and to the south of our tenements.

I'm interested to hear your thoughts around the SP reaction. Us that have followed and researched this stock for quite sometime understand the that this was a positive announcement.

However, I tend to think that the market is selling for a few reasons

1. This will now be a more extensive and costly drilling program, new holes will be required and that will require a capital raising and/or further support from Zhongfan. (Also are Zhongfan willing to financially back us further based on results achieved so far?)

2. We rolled up to 31c, based partly on expectations for the commencement of drilling and the associated results as well as momentum within the lithium sector. While we may have economic Bromine, Iodine and Magnesium deposits, these aren't as 'sexy' to the market as lithium is, to drive share price momentum.

3. Ongoing doubts of will we have an economic project that will be funded to production?

While I intend to back the company in and remain a long term holder, these are valid concerns.

DYOR!