The Perfect storm is brewing!Yes the drop from $2.19 back to...

The Perfect storm is brewing!


Yes the drop from $2.19 back to current levels is frustrating but really we should have seen it coming. The excitement and expectation for the Lion to hit $2 has been building for months. Tempting us with $1.99 back in November I think many of us predicted $2 by Christmas 2021. A few external things conspired against us and in my opinion the SPP created an artificial low point that clearly did not reflect true value but it did create a great buying opportunity.

The $2 barrier is just another number but I also think that many people were hanging out for $2 as it was a nice number to "sell a few" or to get out entirely. Because we fluctuated between $1.30 and about $1.65 for so long I think the anticipation and pressure built and built. The move from the $1.60's to $2 happened in a flash and I do think that is part of the reason for the sell off. I am in for the long hall but I say well done to those who have taken some profits, every person has different circumstances and you need to do what you think is best for yourself and your family, btw is there such a thing as a bad profit? Clearly though the fundamentals just get better and better, even the revamped website is a signal to the market about how Tony O and TG are positioning this company. TG's now famous "Lock your shares in a drawer" comment is now more pertinent than ever. The perfect storm is brewing, demand for Lithium is through the roof and the scramble for supply is insatiable. EV's and battery storage are coming to a house near you - and its probably yours!

The retrace is In my opinion is just another blip on the radar. Look at as simple one one day chart and yes its red. Look at a one month, a 6 month , a 12 month and an all time and they are all green , green, green - as is the future of LTR. DYOR.

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