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its all ok...., page-39

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Xagxau

810 Posts.

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19/08/19

08:02

Post #: 40032671
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Originally posted by kropka: ↑

One thing many of visiting non holders don't understand.

If A40 will go into administration or C&M it will affect SP of many other new produces and make even worse effect on many explores.

Amount of spodumene produced by A40 does not count much for supply/demand ratio but could have huge impact on investors considering investing in lithium and even worse for explores like LTR to get funds for their progress.

On the other hand, any success with A40 surviving and moving ahead may bring small confidence.

Many comments here have mentality of "small shop owners" hoping that customers will flog to them because other shop closed doors.

We, the shareholders of A40, have big rights to question MC and BOD who IMO for long time paint us a picture of new offtake deal almost done, production cost going down, fine items ordered and ready for commissioning in September, hydroxide MOU ready to be signed in June, etc.

What we know now, we were treated like mushroom or their plans were based on dreams and their latest actions were more like amateurs not executives with history of past high achievements.

As for non holders, keep fingers crossed that collapse of A40 won't affect your investment at least until lithium market will show recovery.

There is no gain for you if A40 investors will lose, other than "hard to understand" personal satisfaction of others losing their money.

Ever heard of collateral damage? Don't wish for your lithium holdings to be a victim of it.

It is in the interest of every lithium investor ( regardless what stock you hold) for lithium sentiment be to high not demise of Aussie miners.

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yes kropka
i share your pain here as i am holding other lit stocks.

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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its all ok...., page-39

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