@GGG77
“What happens when a chart cannot predict the reaction to a PFS upgrade on a resource that cannot be replicated anywhere else in the WORLD? What happens when a chart cannot predict the reaction to an offer to TO? What happens when a chart cannot predict the reaction to an offer to JV? What happens when a chart cannot predict a massive strike in any form on a resource like Show Stopping Moora? What happens when a chart cannot predict the reaction to the demands of a technology disruption in the very early stages?”
I’d say it can mean a move like piedmont that has 1/6 of Ltr’s resource when the first mega deal is formalised, you can be looking at $2-$4 for the asx casino effect, but Ltr has the goodies now and more to come. (Don’t expect $2-$4 though because there’s no hype in Ltr, just value. Game changer DFS due shortly. Not sure how the market reacts to the DFS though - it can react differently from a major Offtake deal. Another stock was simply ignored when it’s dfs was announced it moved maybe 1 cent, but 6 months later it did 7 baggers within a space of 8 weeks. Lesson is: when it’s the real deal, stick to it. Its day will come on that basis we just don’t know when, but what we know are
-the Tier 1 resource is locked in in a safe jurisdiction, worth multiples the current SP on various valuation metrics in the sector
-that Tesla is making moves to invest even in minnow explorer/developer
-that other majors also need the resource
-management is not asleep at the wheels
(20min delay)