Agreed - but we wouldn't be here if there was not some type of opportunity right? Lot's of downsides, small company, poor liquidity, no cashflow, invested in a downward graphite commodity cycle (which may have bottomed..), many SOI....but there is also lots of upside/opportunity for the patient investor if you believe in the assets they hold, and the management team, and believe the valuation has room to the upside. I've been watching this carefully since the relisting in Jan 2023, and the priceaction we are seeing currently is unusual (over that time period anyway - imo). The whole premise is to buy low, and sell high - right? Well we're definetly buying low currently (or the whole business goes under) - tax writeoff. The joys of small caps lol.
LML Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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