CRR 0.00% 0.8¢ critical resources limited

Good. Now to see what happens. My suspicion is that this won't...

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  1. 1,883 Posts.
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    Good.

    Now to see what happens. My suspicion is that this won't be sold down to the placement price, and will instead, reverse and continue upwards. Two catalysts:

    1) 4CE is very well positioned to take advantage of new infrastructure, AVZ's fortunes and the new mining partnership with MMR; near-term production is likely, and the resource is growing as it is being explored

    2) The skyrocketing prices of lithium, and the undeniable trend towards EV's and batteries

    You might see some less informed people selling down thinking they'll be able to buy back in closer to $0.05, but I'd caution against that. Recent case study: BGS - Hardrock lithium explorer in Mali. Oversubscribed placement came and went on the 24th of November. Instead of going down, the share price has rocketed up > now nearly 80% up from the $0.38 CR and is currently $0.68.

    We're in a demand driven market and the lithium bulls are charging.
 
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