We’ve been sold off harder than every other major li stock for...

We’ve been sold off harder than every other major li stock for some reason. Prior to the selling we had been the second strongest rebounding stock (after WC8).

The selling isn’t great, but at the same time, the volumes are incredibly small (smallest weekly volume since December). Sort of surprised that there has largely been no buyers willing to step in yet.

other comparable developers who also still lack construction funding (e.g. A11) haven’t been sold as much.

I think the reason for the weakness is two fold:

- Brazil lithium stocks have been the worst performers over the past month (ATLX and LTH.v both managed to make new 52 week lows this week). There are no other companies j track that have made new 52 week lows since early February. On top of this Sigma has been a total basket case for months now - I’m sure this is impacting sentiment somewhat.

- Our stage of development is resulting in lack of newsflow (Monday next week will be 54 days since the last Colina update).

I think news flow should pick up as we move from April into May as we will have assays, rigs moving to Fogs and Planalto, Offtake result, resource upgrade, Met testing (I think??) and finally DFS in mid to late June.

With any luck, Chinese spot pricing continues upwards over the next few months and we get a large pump into DFS.