Does anyone remember the long run down from $0.19 in mid Sept 2021 to $0.113 in Feb 2022, when the trading halt was announced for the update in resource?
That was a 5 month down-trend and then it went boom to ATH @ $0.365 in Apr 2022?
Yes, macros were different then, with QE and lithium spot prices, but I do believe everytime we hit these lows, it is followed by a huge jump.
The jump in July 2022 from $0.135 to $0.325 was from no news at all, other than PLS's quarterly.
What would it take to turn the tide this time?
- offtake deal?
- higher than expected spot prices?
- NAL/Moblan drill results?
- takeover deal?
- BL being replaced?
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