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contraindicator

5,900 Posts.

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03/06/22

18:35

Post #: 61812335
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Originally posted by GARETH78: ↑

Well I’m ok where we ended at today, would have been nicer to have been closer to 40c but we need to realise we have lost ALL the Lithium buying.

Reality is it’s a tad over 36% of yesterdays SP.

It’s a pure gold play now so will have no where near the support that the Li sector could generate from a buying perspective, Not today anyway.

There will be those that sold out today as that was always the plan come wind, rain or shine.

There will be those T2 buyers who wanted the LLL but May be shocked with their settlement bill for next Monday, as they may not have expected it to have dropped so low.

Some will have panicked.

Im ok with a few weeks until we list, as hopefully we will:

- Have passed the the Li sector downturn, and GS will be called out by a few more players and we have moved on.
- Potential for ECOWAS movement on sanctions
- US May Fed meeting will have passed

Also would anticipate some FFX gold updates and possibly LLL closer to listing.

Patience will be rewarded.

IMO

GLTAH

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40c would have been bloody magnificent because @dazaliam would have been putting some naked running videos on here.

FFX Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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