Unfortunately lads, the traders will be around until a significant annoucement. I expect if/when we see some high-grade mn/li results (hopefully surface samples), the share price should start to re-rate. I expect this to happen this month. So not long now. If this goes back to 1.8-1.9 cents, absolute no brainer for buying territory- look what just happened. Now imagine a significant annoucement.
Near term news flow this month:
- 11 RC results from SEG lithium
- approval to start drilling mn
- more rock chip samples to define lithium anomoly
- mn new tenement grant, with possible high-grade results similar to historical data.
I would't worry about day traders looking for 1-2 pips. We're going to see multiple announcements hit the market in a row soon which could significant push the share price higher. Look to buy weakeness is my suggestion.
