the yellow horizontal at $1.15 marks natural support at previous dip, whilst $1.20 level is a previous CR and keen to see that in the rear view mirror soon,,,the other , but out of sight, being Albermarles 4.6% stake at $1.75 which came with restrictions to limit its hold over PMT for 9 months. Assume 9 months is the time it will take PMT to have a very good idea of the 'probable extent' of spodumene over Corvette as they do some select exploratory drills in that time.
Gotta say that all the unfortunate global turmoil - Ukraine, Israel and possibly Taiwan - adds immediate value to Corvette's long term low sovereign risk profile.
Other aspect is unstable South American & African govts demanding bigger stakes and/or higher royalties in lithium projects to prop up their regimes asap because as they say 'its out turn to eat' [whilst in power.] Canada has the polar opposite approach and giving money for the lithium industry to flourish.
the yellow horizontal at $1.15 marks natural support at previous...
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