Reason this stock will bounce in the short termback to 40c before another announcement.
Things to watch out for - 1. update on current drilling campaign 2.Assays on over 20 holes (we know the grade is very good for WA) 3.Bynoe drilling starting my guess is 2 weeks away 4. More drilling to start Lake Johnston maybe deeper diamond holes.
Two large insto shareholders just sold out one with 2.5m shares and another with 1.2m shares.
The stock can trade freely again there are virtually no instos in there now mainly retail and HNW.
Most of the small lithium’s trade a lot better with only a retail investor base because they can’t individually smash the stock.
It has two amazing assets on a 14m EV (ridiculous comparing to others with the same sort of discoveries) no chance of a capital raise for 12 months as they have 7m cash (more than enough for 1 year).
