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31.0¢ salt lake potash limited

Ann: Resignation of CEO, page-86

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Okinvest

390 Posts.

45

06/09/21

19:23

Post #: 55872848
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Originally posted by Ando30: ↑

My plan forward after becoming collateral damage to this fiasco.

I'm not too heavily invested (thankfully) Plan A was going to average up after the positive announcement of going to production.

So moving to Plan B - Will sell everything as soon as can & buy back at the bottom as this is going to tank hard IMO.

Issue with plan B is that i'm assuming it will open very low going by AIM of equivilent +/-0.09.

so dont know how fast or far it will fall from there but it will be oversold at the bottom I can all but guarantee that. Then the cash that I lose by selling will regain slightly & then will hold long term as they already have the infrastucture & will just take months to recover some value.

Issue with the above plan is I'm not sure what the announcement will be before trading, If they will begin trading or may open too low to be viable plan(ie open at the bottom) or cant offload the stock fast enough.

In which case Plan C comes into play & that is to leave it all in & lock this one away, will write this one off in June if it hasn't shown any optimism by then.

DYOR

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That's what I was thinking too lol. Although i'll probably lose around 15k but that's better than 30k. Maybe I can make the 15k back with Uranium hopefully going through the roof.

SO4 Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
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