read point 1 which was totally incorrect and stopped reading...

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TAKEOFF

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21/10/23

22:48

Post #: 70467694
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Originally posted by Maverick7: ↑

WARNING: the following will trigger some holders

1. Li results were originally scheduled for early Oct, then mid-Oct, now early Nov. Looks very suspicious, especially considering it wouldn't be a good look at the conference if they released poor results this week and the share price had taken a big fall. Anyone with experience knows that good news is usually reported immediately, whereas bad news usually is delayed as long as possible, yes it's technically illegal, but most junior resource companies operate this way. Also, they would likely already be in receipt of a large portion (if not all) of their results as labs usually dispatch results in batches on a FIFO basis.

2. Mentioning that they're going to get any expert geochemist to analyse the results and ratios is also not a good sign as probably means the Li results were not good, so they're going to try pad the results to soften the blow with ratios to try give hope that they might find something better later.

3. He didn't look and sound very confident when he mentioned the upcoming results.

4. The market cap is relatively high for their stage of exploration, so if results are poor expect a large fall possibly to 0.5/0.6c as other Li cos have been hammered after releasing poor results.

I may be wrong, just my 2 cents as a paid down-ramper.

PS: @Yevgeny ask EFE holders if they think @TheArchitect was a bonus
PPS: @roblun constantly pasting copious pages from announcements unnecessarily clogs the forum and provides minimal value, please summarise instead, thanks.

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read point 1 which was totally incorrect and stopped reading there!

RR1 Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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