Short term traders taking profits. You see this all the time with this stock, just like when it went to 15c last time smacked back down then rose back over time. It's just how it is, that's why all the people posting rocketships and "moon" are expecting too much then being disappointed when it doesn't work out how they expect it to.
Ann: Investment and Offtake Agreement with LGES and POSCO, page-47
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