Rambling on a cold wet night.Below is a simple line chart from...

Rambling on a cold wet night.
Below is a simple line chart from Ltr, covering May-Sept approx in 2022.
Why here you ask?
Offtakes were ann w LG on 2/5, Tesla on 6/6 and Ford on 29/6. No small beer.
Each time however, the stock was sold down to a low ultimately of below 90c. It is worth pointing out the stock was in a downtrend at that time.
Interestingly however, the stock doubled to circa $1.80 in the 9 weeks from July 1.

I wonder what the reaction will be here. Perhaps w the graphite price currently in the toilet, perhaps sp just meanders. However the stock seems to have bottomed here.
If it can build steadily and offtake news comes along, could push this to some semblance of fair value.
Just thought it was a worthwhile bit of homework comparing to an industry peer at a similar time in their evolution.