I personally don't think the drill results we are waiting for is the reason the Germans are selling.
Have a look what's happening to their economy... For example, Interest rates rising to 15 year highs and household consumption being one of the largest drivers to the economy.
If you were facing financial hardship, would you starve yourself and others to avoid selling your shares? ASX investors didn't care what announcements was coming up when COVID hit.
What has caught my attention is the fact SQM has invested into a company that found lithium pegmatites only 2 months ago.
AZS Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held