General Discussion Topics, page-52340

I know how you feel - but depending on the size of your holding and your average buy-in the tax bill could be very considerable. It would be a different matter if lithium was over supplied and prices were down trend, but short to medium term the projected requirements look excellent and we are also invested in a near term producer with no debt. My entry until recently was around 0.060 a share, I've purchased quite a few more over the last week but even so my average is still under 0.080. There's no way I'll cash in and give the tax dollars to these blow-hard bastards in Canberra to p-ss up against the wall, not with the 30th of June just weeks away. I have always been a long term investor and the market has always been good to me. As I said last week - most of these day traders are like those who frequent the one armed bandits - they skite about their winnings but conveniently forget about their losses.
Cheers.