- yearly chart not looking great
- long term down trend set in place
- many thought intial lithuim JORC would be the the cataylist for a major re rate and reversal of chart.
- JORC was way under what many of us were expecting in the 10 to 13mt range, a major dissapointment
of only reciving 6.3MT and is refected in the chart and SP down from 3.5c to now 2.4 cents
- at 20 million MC it could still fall quite a bit more and the SP will go under 2 cents
- Gold might be its ticket to successs but thats a long term play and i mean LONG term. ( years not months)
i sold out completely on the JORC news at break even cost. GLTAH you will need it.
Chart, page-597
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19.0¢ |
Change
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Mkt cap ! $51.89M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.5¢ | $168.8K | 863.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 95367 | 18.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 78844 | 2 |
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| NVA (ASX) Chart |