Everyone has been petrified of the 31m shares coming online today and has been selling en mass expecting more selling.
This rarely happens...
Watch this go green today & everyone who sold expecting it to go lower will be buying them back at a higher price to what they sold them for
Classic Sheep... Its actually funny
The company will have 159m SOI post placement (i.e. today) and 4m in cash.
The CEO owns 43m shares
That means currently the EV is SUB 10m for a drill-ready lithium project in Brazil with walk-up targets
It also has confirmed Spodumene & 1m long crystals.
They say sometimes sheep present opportunities, but today is an absolute gift imo.
