Nice to see you back as a Creeker JL, even if it was a short holding - nice little trade in a week.
No doubt holders will be hoping that the next few price sensitive announcements can shed some light on the commercial outcomes of the project, I thought yesterday's box tick was probably the blandest price sensitive box tick possible! However, still a necessary step forward for the project.
Despite the negative geopolitical situation with China and the pandemic, fundamentals have only improved in the time I've held the stock, and I will continue to hold unless things change. I'm sure we've all taken profits when they were too good to refuse, but fundamentally, the companies were very sound and had promising futures. The clock is ticking on this one though, the project needs to be commercialised this year, otherwise it will be under 5 cents by Christmas in my opinion.
Here's a few of my howlers when I've taken profits for the sake of taking profits, and the main reason I've been disciplined with LCK. Not investment advice of course, but I'll be looking to profit in a significant way from this investment. With the cashflows for the life of the project in the PFS, I can't see this being under 1 billion market cap when funding, strategic partners and offtakes are locked in.
