CHR 3.33% 8.7¢ charger metals nl

Chart, page-35

  1. 2,421 Posts.
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    After a huge pump, comes the dump. Small land holding with few pegmatites meaning it will never be mined by Charger. Best you can hope for is $10m charity purchase from neighbours.

    Long term downtrend. Target price 25c.

    Why not invest in a proper lithium company going to production next year like CXO?

    (this is what a Kaeho post on the cxo forums looks like to those who’ve not experienced the stench of his cross promoting).

    For what it’s worth, Cxo will probably buy you out once / if you do the hard yards. To me, you look like inexperienced opportunistic chancers.

    Chart looks like a bullish pennant which should play out once the profit takers / disgruntled trapped holders exit.

    Good luck!
 
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