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05:40
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Originally posted by LStruthers:
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With the above graph id state if they are going to go for a capital raise we should see a spike in SP before hand though, I doubt any capital raises would be done at current prices, we will most likely see lithium price go up along with some funds buying low, this will creat FOMO the SP will go up further, then shorters will come back and they will announce a capital raise, at that point SP will drop again, although probably not to the levels we are seeing today or perhaps thats when we could see the 3c gap filled depending on lithium price and number of SOI.
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I can't see anymore shares being issued here - as soon as we prove mine running profitable and sustainably and we can prove value in expansion - value in terms of jobs, community and industry we will be able to sit down with Canadian government and say right lest getting funding arranged through cheap debt and or grant funding. At that point we could be looking at a 30 or 40 year project
(20min delay)