This is what the general market has completely missed thus far in this nonsensical circus of a place, to my raw glee. If they get the brine mixing right which all signs point to them doing so, then those hundreds of thousands of tonnes in the ground become battery grade. And for a current price of $30 million? I have been accumulating these for a while and will continue to do so for the rest of this week. $30 million for an in ground value of what?? Look at the trajectory this companies peers have gone on. Many I know have made big dollars on a lot of these lithium explorers. We are maybe a week maximum away from proving up a battery grade asset. For $30 million? Pfffft. Ridiculous. Beyond ridiculous.
The share price is inconsequential at this point. It’s all about the market cap. A buck sp will be a distant memory if they get the brine mixing correct. How big of an if really is it? That is the sole question keeping this company at bay right now. Nothing else.Once this news comes to be, be it positive, watch the herd jump on board and shout this bargain in broad daylight to anyone who will listen. They’ll be calling it a bargain at $2 though. Now is where the real money is made. In the calm before the storm. I’ve seen it time and time again, collected fruits along the way.
Sheltered folk will tell you the stock market is a casino. It’s anyone’s bet. It’s not. The information is right there in front of everybody. It’s not IF but WHEN. Do the research and you will know exactly which horse is juiced up prior to the gates opening. They say hindsight is beautiful thing, but that’s only because it is bathing in the brightness of foresight.
Nobody will make heads or tails of it until the announcement comes out and it gaps up hard with people crying over a 10% retrace from $2 to $1.80 weeks after they announce they have battery grade. The writing is on the wall. Read it.
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