Morella Corp Ltd (ALTAF)

[tikotiko]

Yes, it is true that volume is not there and I agree that Altura is a better bet. I experienced the low volume issue when I sold at a loss and was forced to sell in chunks. However, the latest announcement did catch my interest. If (BIG IF) they are able to get the converter and mine at a bargain price and without being screwed by the partners/lenders, it could be a game changer for them. I think volume and SP would increase quickly and make Sayona a multi bagger very quickly. The proximity of the converter/mine is perfect, but there may be other bidders and lack of cash remains a concern. Nevertheless, I will keep watching it because the developments will affect Altura. It may be a moot point at the end, because I think that these 2 companies will merge in the future since they share some of the same managers and are already working together in Australia and Canada. If this happens, we could eventually become top 5 lithium company.
ALTURA LONG!