New TA/Charting, page-730

Weekly chart tells the true story.
Last week was the strongest week ever after the run from 2c.

Even the volume was low, because there weren't much sellers. They are holding very tight.

If some big buyers come to stage when there aren't much sellers then the price spike can be significant.




I have done some research on KDR and PLS historical charts, I mean I wanted to see the price action; how they behaved to the important and milestone announcements and mineral resource estimates.

When you compare LTR chart with KDR and PLS historical charts you can see that LTR is at its infancy atm. It has very long way to go with its 2 very high potential projects.

LTR is only at 15c now and the market cap is only $230m while it has 75mt @1.30% Li2O at KV and Buldania has the potential to have the same or even more than that IMO. (My avorite is Buldania as I always say)

KDR's market cap was $980m (sp 2.45) on May 5 2018 even after they sold half of 128mt @1.44% resource to SQM for AU$146m which leaves KDR with 64mt. (Then we should deduct the $146m from $980m). After than the resource increased to 189mt @1.50% grade.

First KDR's chart.

It is very interesting that KDR went up to 80c (MC of $290m) without no maiden Resource Estimate. You can see on the second chart (long term) the maiden resource estimate for 128mt @1.44% Li2O was announced on Dec. 12 2016



And this is the long term chart. You can see that when MZN claims the lithium rights on KDR tenements the sp declined significantly from 80c to 35c. After the litigation MZN lost the case and sp recovered, thn went to $2.45 (MC of $890m).



Now PLS's historical chart.

This chart is very interesting. I couldn't believe my eyes that PLS went nearly to $ 2 billion market cap when it s sp reached to $1.2 (Shares on issue was 1,644m. I double checked but please you check as well.

It took only 7 weeks to reach to 40c (MC of $290m) from 11c (MC of $77m).

This is enough from me. You can make more comments.