1. This will open waaay up if Tesla is the placement buyer....

1. This will open waaay up if Tesla is the placement buyer. $1.30+ and short squeeze begins fast. We know North America is a big buyer ...but who....

2. If its (US, Euro and Local Instos buyers non strategic) will hold this area 1.05- 1.15 and then move back to $1.70 later this month ...as shorts squeeze will take longer to start....but it will still start. As they are caught no matter what.

3. Only if it was a retail rights issue like PLS did would it makes its way back to issue price or below but it's a not a retail offer its a placement....and company is $100m in cash stronger and stronger insto and strategic register and both make the short nervous.....their profit aint locked in yet.....

Easier to cover CXO short and move to Lake Resources to short. Shorts are nervous this weekend as the world learns of them being caught out badly by 135 to 150million shares and no way of getting rhem without buying on screen. Short squeeze begins next week.