DLI 4.17% 23.0¢ delta lithium limited

Delta Lithium General Discussion, page-1507

  1. 659 Posts.
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    I don't think there is anything wrong with a different perspective. I do like to see a good contrarian view and see how it may impact an investment I am long in (LKE is a classic example).

    At this stage, apart from the lack of news on Yinni (which could be seen as a red flag), what other views do you have? Where is the next support from a trading perspective?

    The sentiment around Li explorers is horrendous at the minute (with the exception of the few that are actively in play, LTR, AZS etc etc). Do I wish I didn't purchase earlier this week, absolutely! I could have got this a little cheaper today/ yesterday, but as with any investment if I am not selling and if there is not a better opportunity in my watchlist, (fingers crossed) no harm done (except for potentially some upside).

    If the fundamentals had changed since my purchase, well then that's an altogether different scenario.

    If you were trading based upon an imminent TO, then that fizz has dried up a bit. I can't see too much activity on this front until we see some more numbers around Mt Ida (at the least) and a better view on the current Yinni drilling.
 
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