I'm sure we are all aware of the obvious trading strategies......however it is those we aren't aware of which are the ones we should be worried about.
In any event , I should get my opportunities today at the .039 - .04 cents level off the back of some of the Industry heavy weights being hit hard again. Nemaska down 6 cents or 8% to .69% - a whopping 31% ' catch up ' discount to its last CR pricing. Neo Lithium was also down a considerable 11.63 % or .15 cents to $1.14 which is only marginally above historical 5 year lows and Critical Elements down a cent or only 1.25% . On the contrary side of things being also our near neighbors , Infinite Lithium was down 2 cents or a massive 13.04% whilst American Lithium remained level at .47 cents.
All in all we are holding at a price thereabouts on a comparative basis to our Peers. When comparing , one also has to consider the fact our CR pricing of 5.1 cents was based on the discount to the VWAP of 5.9 cents as determined by Patterson's in the 15 days prior to announcing our raising's. So we are in good comparative company I would at least say. Good Luck today folks in working your averages.....![]()
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