My other thought aside from possible short squeeze is just how much weight of investment has been waiting for this to get the ML and be derisked. Remember we are ASX 200 and many mandates of instos may require ML approval for example or it is just somehting they want to see, they don't want to i nvest millions then the ML is not approved and their clients woudl be livid! So hence, they forgeo some profit to be assured of approval and take their positions for next 5-10 years which will be the largest lithium mine on the planet and massive cash cow.
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