Banter and general comments, page-34267

As I posted last week once 30 was broken the fall to the teens will be rapid down another 6% this morning and we know how it trades in the afternoon

I really got this wrong as I predicted 31 by Friday

I guess the question now is will it bottom in the teens or go lower as predicted by user 3 who has been on the money this year
man’s those crowing about buying in yesterday now suffering big loses already some just can’t be told and hate fact and reality
the simple fact their cost to produce is too high
costs to start new mine they have no idea where that will finish. in the meantime the lithium price keeps nosediving

massive oversupply at present which will take 2/3 years to obsorb
meanwhile other battery tech is improving
there is no rosy picture here

its obvious now these drilling results won’t do much for the share price. Shorts increasing meaning they know already what’s happening there