Ann: Project Development Activities Continue to Advance MavisLake, page-14

I do agree that if the directors belived in anyway in this project, they should be buying hand over fist at these levels. Load em up. Can't say why they are not, time will tell.

IMO the selling is a multitude of factors:

• Li market sentiment and the never ending berating from the media about the less than extensive EV sales outlook. (down form mind blowing to strong growth)
• China control of refining and like YB said, 'prioritising' the cheaper lepidolite over spod due to their own internal supply of it. (thanks capitalism for getting us to the point where China has all the control)
• Flying under the radar due to lets just respectable yet very very junior project and in the early-middle of the Lassonde Curve. As seen below.
• General market uncertainty, Ukraine war, Israel gaza war, even things like the Cop28 that is on currently and due to finish today will affect the outlook of these things.

In a nutshell, clusterfuck of shit.