PFS are usually a buying opportunity as the general market views PFS and DFS as something of a negative as it shows how much CAPEX needs to be spent to develop the operation.
Rarely does the market read the PFS or DFS and see how much money is to be made - well of course because money needs to be spent first before any money is made
So yes, the selling pressure on PFS or DFS news was always expected. Nothing new here.
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Ann: PFS confirms potential for robust new long-life lithium mine, page-68
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78.5¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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5 | 40582 | 0.775 |
8 | 111497 | 0.770 |
2 | 70000 | 0.765 |
6 | 87400 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 62337 | 7 |
0.795 | 85840 | 7 |
0.800 | 242214 | 17 |
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