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A big sell off today on news was always on the cards. Plenty of new entrants would have been set from 0.008c upwards. News arrives and some sell instantly. Others late to the game held out waiting for the 3 or 4c trades to arrive.....didn’t happen so the dumping increased causing a snow ball effect.
For long term holders today is just one of many milestones with more news to come over the comming weeks.
But the long game above all this white noise is validation of the pilot test facility and then a move to produce 500,000 T/pa......THAT’s the main game and where today’s patient holders will make their money.
Long termers know this and are happy to enjoy the ride.
Price will bounce around over the next few years as more details are released...if you believe, just top up on the dips. Will be very interesting to see what the boys can get out of Latrobe Valley moving forward once India is signed and sealed.
I’m sure today’s price will recover soon enough and today’s buyers will be grinning and winning.
