@super e
Yeah it's possible. Although I get the feeling that the market wants to see grades for confirmation.
@beisha posted this chart of the global lithium ETF chart, which shows a pretty clear downwards trend for global lithium stocks, so there are a few headwinds right now. This is resulting in red days for ASX Lithium stocks (my watch list today is almost entirely red except for a couple which released ANNs).
If these headwinds dissipate (for example if peace is declared in Ukraine), and we simultaneously have good lab news, then I fully expect we will take off a lot further north.
But for now, markets are wary of taking on risk and are looking for confirmation before buyers step in (rather than buyers speculating and buying before news is truly known).
LRS General Discussion, page-4228
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