By far the biggest impact on sp of lithium stocks at the moment is the weakness in the international spot price for lithium carbonate. Down from a high of about US$80 a kilo approx 12 months ago to US$30 today. A huge drop and a big knock to investor confidence. Lithium listings have been rerated accordingly.
To suggest the sp movement is directly related to management and or the announcement schedule is no more than speculative, at best. How do you know what level of confidence each and every individual investor has in the company management? you don't. It's Angola ... there will be variables operating in a new environment. It's not Australia. There will be unexpected delays every now and then. Quite normal. No big deal. Expect more of the same.
Try and look at the wider picture of lithium as a macro theme and the challenges all explorers/developers/producers face at the beginning of a project.
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