Well we have money… for now. So nobody is likely selling down...

Well we have money… for now. So nobody is likely selling down for a cheaper placement price (it happened earlier this year with CRR). Always dodgy when that occurs. To justify a huge discount, the preceding days are usually a sell off before the offer is announced.

If the selling continues - unless people are shorting (very difficult to do at this end of the market) people are losing money big time. The price could be being eroded down to destroy confidence in the stock and get people looking for a cheap takeover to salvage capital. CRR probably not at a good point in the development cycle for a buy out, but I’ve seen crazier things in my years investing in lithium.

Also, I wonder what is happening with CRR’s other projects. Are we looking to offload them for some capital?