Is there a reason why the market doesn't read PFS and DFS? It seems counter intuitive to me that selling pressure is expected.
I would have thought that a DFS or PFS would provide confidence that things are on-track and as well as confirm the magnitude of the resource.
I get that the SP moves up on news of an announcement and a sell down can sometimes happen after an announcement, albeit being a positive one so I am not surprised by a down movement.
Perhaps the the reaction would be different if LTR was not a junior miner?
Ann: PFS confirms potential for robust new long-life lithium mine, page-83
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Last
78.5¢ |
Change
0.060(8.28%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 7 | 46043 | 78.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 62337 | 7 |
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