Lithium play is going through the inevitable shakeout. Sizzle part of the move is over and we now have to find the few players that will become producers and this is one of them. Speculative.
Unlike most of Canada, he is not a Lithium Bull, and is not a lithium bull with regards to the Clayton Valley in Nevada, where most of America’s lithium deposits are. He personally would not be an owner of this.
The company and lithium has got over hyped. The world is awash with lithium. We are short of processing capabilities. This is not the best capital allocator either.