Ann: Thick Intersections of Lithium Pegmatite at Manindi, page-1237

Holding the zone on a soft day

.

Yes, MLS did well today to finish on 16c. Our volume was good around 14m shares traded. Our VWAP average was 16.1c, so a fair finish.

.

ASX Lithium stocks started very badly but regained the losses after initial panic. Couple of stocks gained 10% each, so average loss among 28 stocks I track was only half percent.

.
Personally picked up some more OD at 9.6. Every time I think I already have enough, but can't leave the bargain on the table - I think, I could be wrong though, time will tell.

.

What next - As I wrote yesterday, sometimes these softness in stocks lasts around 3 days, today was the third day, so I was more or less expecting this today. Next week I feel we may have 2 good Li days, I feel that should be enough to take us towards the 20s. Let's hope so. All the best.