Ann: Further High-Grade Drilling Results at Goulamina, page-131

hi @Tanotfa
my trading notes have lll as churn still with no significant volume
the horizontal is 56c/57c
the significant volume day was at its 81c high on 12.9.22

the good news on lll is that it has decent cash and a bright future so happily building a position on the hammers
my expectation is to see lll churn back up to 81c but until it becomes a midcap producer where the numbers can be crunched on its opex then it is at mercy of the bigger players
the lithium stocks like cxo have almost the highest daily short positions on the asx. i wonder if the shorters are targeting lithium non producers expecting the spx to fall here or there is more to it
lll is not being significantly shorted here and is now being allowed to flow up

i actually like the shorters working a stock over. the hammer almost always predates a decent move up. it shows there is decent news on the way and they want to maximise their trades

lll was tested over the last few weeks. when the volume comes in and price stalls then i will be out of my trading parcel
i used to be more precise on the charts but i found the genuine future midcaps like lll make their own path just by being patient
i did top up on lll on its recent hammer down and am very pleased to see this move up underway