Fell because they are improving concentration of product currently being sold to market at their mine. This has nothing to do with the lithium but the infrastructure they are optimising. Sales will continue to flow just a small delay to reach optimised output. The core fundamentals have not changed just panic sellers that sold a company down to less than their cash position and infrastructure costs excluding the lithium. Hence why shorts have now closed their positions because it’s would be dumb to short a stock not even pricing in their lithium.
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Ann: Core Lithium Opens Share Purchase Plan, page-46
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No. | Vol. | Price($) |
---|---|---|
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74 | 5900714 | 0.100 |
10 | 526569 | 0.099 |
11 | 408265 | 0.098 |
4 | 294509 | 0.097 |
5 | 1200005 | 0.096 |
Price($) | Vol. | No. |
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0.110 | 8306193 | 109 |
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