After a huge pump, comes the dump. Small land holding with few pegmatites meaning it will never be mined by Charger. Best you can hope for is $10m charity purchase from neighbours.
Long term downtrend. Target price 25c.
Why not invest in a proper lithium company going to production next year like CXO?
(this is what a Kaeho post on the cxo forums looks like to those who’ve not experienced the stench of his cross promoting).
For what it’s worth, Cxo will probably buy you out once / if you do the hard yards. To me, you look like inexperienced opportunistic chancers.
Chart looks like a bullish pennant which should play out once the profit takers / disgruntled trapped holders exit.
Good luck!
CHR Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held
