Many are probably wandering wtf? May even have bought in this morning above 40c. This is short seller tactics. Make people feel they are in loss and sell at a lower price. Look at it this way, the company has a market cap of $455m, 40 cash, 91 raised and 15 coming, total around $140m in cash against $455m MC. Mine build commencing in under 4 months and shipping in 12 months. Duhhh?? Jp Morgan has put out buy on all lithium. It takes 12 months from mine to batteries and no new mines coming online. Keep selling and allow others to buy in cheap now, let them at least double in profits months from now. It's all good.
CXO Price at posting:
38.0¢ Sentiment: None Disclosure: Held
