its easy to say that the fundamentals haven't changed and you're right they haven't but looking at where we're at now wouldn't it also be fair to say that the market has repriced accordingly?
eg the 36c highs, those highs priced JORC into it (I mean no one doubts the quality and size of the resource)
& expectation for swift buy out by chinese
Current price = Still waiting on JORC, market disappointed that still not JV or buy out and crap handing of announcements/management.
The market has spoken, my concern is now the momentum has swung or dropped off the fundamentals and previous expectations will only push it back to the previous highs
Me personally I see
- Crap management (lack of ann, Klaus appearing to move onto other ventures, what controlling the Saudi Arabi of Lithium isnt a full time job?)
- Needless BS with twitter, TH, suspension (I mean I think this a joke and total sh!t show, surely genius cashed up billionares/international investors aren't going to appreciate it)
- Sketchy and corrupt country (this isn't changing)
this is why the price is dropping, I can't see how thats manipulation
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