Helios, I think he is thinking that if the block trade buyers aren't locked in at 85c the CFTF trade will collapse. I presume they are, though, since that is part and parcel of the scheme, isn't it? The general feeling seems to be that, given how lithium stocks have fallen sine the TH was called, we will drop into the 70s on Monday. That's nothing new for block trade buyers, though, since the last two times we quickly fell from $2 and $1.22. In the long run 85c should still be a bargain price, though. Personally I wouldn't mind a suspension - for three months please! Enough time for bears to hibernate.
WR1 Price at posting:
96.5¢ Sentiment: Hold Disclosure: Held
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