I don't see an uptrend until the political situation is sorted and the government makes its intentions known regarding the development of Cinovec.
I understand Emh have legal rights, however if Babis forms a government they will ultimately have to sign off on future licences. I think this is an area the market is being cautious about.
Hence no financial backer, no offtakes, no JV, no pilot plant.
Hopefully we get more clarification on all of the above soon, and the project moves forward to development.
I still think with its lithium and tin Cinovec is a very valuable strategic asset.
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Open | High | Low | Value | Volume |
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1 | 2833 | 0.265 |
1 | 35000 | 0.255 |
2 | 7313 | 0.250 |
2 | 47700 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 62446 | 2 |
0.300 | 12500 | 1 |
0.305 | 6370 | 1 |
0.310 | 6970 | 1 |
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