Yeah looks like they brought us down to $1.80, 12 month target....

Yeah looks like they brought us down to $1.80, 12 month target. They cite departure of CFO and 'higher senior executive turnover'. I mean far out... what meaningless speculation!? We're explorer turned producer, executive changes are not just expected, they're needed.

https://www.macquarie.com.au/assets/bfs/applications/innercircle/retail-newsletter/docs/2022-11/mpw_0007465342_20221114.pdf

And then a forecast of first production pushed to FY24 (second half of 2023, rather than first half), based on 'emerging risks' of delays - including changes to the management team and wet weather. Well we've already had the wet weather argument in here. Pretty sure Core have had it as well, yet don't appear to be forecasting these delays! As for the management changes causing delays... again, based on what? We just raised $100m to speed everything up... that's a fact you can actually mount an argument on.

Even if Core was to be delayed, this would just be evidence that no one can keep their timeframe. Which will mean even less supply will come on than anticipated, and the price of Li will go higher again and again.

I honestly think they all just report on any little thing so that people trade and ultimately that's how they make money. Brokerage. Nothing to see here. A pullback was to be expected after the recent run. But IMO this is just unfair to people getting burned selling out of fear and missing out when Core returns to doing what it does best.