Perhaps a squiz at the last couple of Rincon project annmnts might help u here H as well as any potential Chinese brine deal.
They r a bit past just funding for Rincon.
And IF they sign up a significant (one might imply massive if BDY is involved, still very significant even if not BDY, to be involved in Chinese brines) QL deal then one can make the simple connection as to why the sudden rush past a $200M cap.
The only way this might fall over is if Rincon doesn't prove up production, and that all relates back to PAs experience and is he the real deal,
and/or, the Chinese back out of future deal. Yes still a possibility given no annmnt as yet.
Perhaps Ur just a glass half empty kind of person.
Me ?
I like to look at the little circumstantial factors floating about and then tie them to market performance and market performance, even since I bought in at 19 has been nothing but relentless.
Every time it seems to want to retrace buyers come in and Hoover up the excess sells and then take it another notch up.
I've seen this with a few stocks for a few days intraday b4 but rarely over weeks which this is now getting on for.
Glass half full or empty ?
Next week will give substantial direction imho.
Trouble is I think U may have forgotten to factor in Chinese Li sentiment atm which puts a much larger company market cap potential factor into the sp performance.
Thing is that if a significant Chinese deal is anncd, and combine this with all that is going on around Li atm, u only have to blink to miss the opportunity.
Interesting how many frustrated traders r popping their heads up on the AGY threads tho.
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