WR1 General Discussion, page-22794

Just for a bit of perspective, LRS has lost $580m in market cap in the last 3 months, they have not released any bad news, they have an MRE and a PEA out already. PLS has lost over $4b in market cap, they have over $3b in the bank and are still on target to make around $1b yearly profit, Albemarle, Sayona, Piedmont, Liontown, Patriot, Lithium Americas, SQM, Livent etc the list goes on they are all significantly down. We re in a Lithium rout at the moment and 99% of the Lithium companies are being affected.

If you visit the forums of these companies there are posters blaming the lack of news, poor management, delays in assays etc as the reason for the drop in share price (sound familiar).

People need to see this as a macro problem and not specific to any one company or their management.