Ann: Trading Halt, page-66

You are correct re some other stocks, but it depends on your timelines and whether you are trading this or building a position.

There have been others such as WA1 that have bucked the trend and gone up in a straight line initially.

Larger buyers usually wait until a project is derisked to enter.

If the deal is what we think it is this will be a multibillion dollar deal over 20+ years locked in with a buyer.

How many other Li juniors have this as well as a mine that already exists in a region where the resource is desperately needed.

Current market cap $100mil and they already have circa 30mil in cash plus whatever this deal offers.

I read a comment earlier today from a poster saying they thought they had probably missed the boat !

The boat has not even left the harbour if you are taking a longer term view.

If it does end up under 10c at some point I will happily be increasing my position yet again.

I am not bold enough to predict a price on reopening as I don't know.

My 12 month target is 40-45c. Happy to see how this stacks up this time next year.

Sometimes the market is wrong and that is where wealth is created.