CXO 5.00% 10.5¢ core lithium ltd

Banter and general comments, page-35406

  1. 18,637 Posts.
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    If you go back and look at PLS, you will see a similar pattern.

    Shorters continued to attack PLS, until they started making consistent cash - and the Li prices started rising.

    This is the fact of life if you are investing in a company that is graduating from explorer to producer.

    Shorters via their proxies will continually ask negative questions on social media - raising doubts about the "expertise" of management; the resource; the machinery, the finance, the global market, etc etc etc.

    If you were at the PLS during those days, you would know they went through similar attacks.

    The difference between PLS and our company today, is PLS was in a lot of debts; the Li EV industry was just starting; and lots of workers were inexperienced in the Li industry.

    This is NOT the case today. The industry is now in its growth curve.

    Notwithstanding the above facts, we still have shorters playing their games, simply due to the fact that we are in our infancy as far being a producer is concerned and still ironing out our kinks in the production line; of course, not help by the falling Li spot prices.

    This is the fact of life and we are Not the only infant producer suffering these attacks - refer to SYA.

    Of course, our politician could do what the Korean have done - ban shorters in order "to stop big investment banks engaging in illicit trading practices that could erode public trust in markets"


 
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