the sell down in such stocks which have had a significant move up can be exaggerated as it was on the way up. What is a fair value at the moment? In reality no one knows if you consider the state of lithium stocks at the moment. However, there is nothing wrong in the announcement. Just imo investors are sitting up to 8 bags even at this point so when profits erode some get nervous and sell down. The key is consolidation.
Ann: Drilling Update at the Burmeister Lithium Discovery, page-25
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