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20/12/25
19:01
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Originally posted by stan101:
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Quite the apology. Blink if you need assistance. The narrative is changing. Initially the Tanbreez area was deemed to be year round because it does not freeze. Recently though, there has been a pivot on this. Now the message is that most of the year there is mining potential. That is just one example that I have observed lately. But that ugly truth doesn't fit the narrative of roses and rainbows so no one will be bothered with it. Imagine if the management kept their path of shoring up the Wolfs path and getting stage 2 completed. We could be mining now and generating income and leveraging off the uptick on lithium. But no. That got mothballed when Wolf's reason for existence had been completed. So what happens when lithium has another down turn? And it will. Will Wolf;'s get mothballed again? Because right now, it will take years to get to a situation where lithium can be mined there. And when it gets mothballed again because of lithium price or any other ideal excuse, then we have again missed an opportunity to be generating income. Others in Europe were smart and are well ahead of Wolfs now. But again. Actually having to acknowledge that is a very inconvenient thing to do. So let's just ignore that. Let's praise the management for having CRML well down under $10. Choosing Romania to create a non commital agreement that will be allowed to drag on at risk of upsetting US admin. And beaten to the punch in Lithium. Sure there is $200k million AUD in the kitty. That certainly is good. But what is the plan for it? Where is management keeping shareholders abreast of the new strategy?
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100% on this. We have a good stash of cash for EUR. Let's see a clear plan on how we're going to use this to further EUR and the Ireland project and/or purchase of new advanced projects. We can't sit still and just rely on what happens with our stake in CRML.