You appear to be concerned about the NRSO, dont buy them. Its pretty simple. Your buy in is around .31c you stated.
A lot of scared people out there concerned for the current share price. Once the NRSO is concluded, the share price will stabilise, thats generally the case. Just continue to review your position.
Heck I'm invested in lithium stocks and all mine are producers at some stage, CXO is just my exception. I avoid as much as possible going there, but the others, all have hope at some level at the moment. Its called the commodity cycle. Currently over supply.
I'm still happy to buy COB, there is not much around for a few years and we have no idea when the Chinese will pull when it comes to blocking President Elect from cheap supplies of cobalt.
But from reviewing your posts, I would be putting at least a percentage your comfortable with a side with your pension payments, to buy down to a more comfortable position at these prices, then once your at break even, when we get closer to constrction news, an offtake or 2 and secured funding, then you can enjoy your stressful savings plan.
Most juniors are feeling pain, and have reams of negative commentary regarding share price. All it needs to change the share in either direction is one good or bad announcement.
Add to My Watchlist
What is My Watchlist?
