Instead of reading this forum which is sometimes like a KC haters echo chamber it's very interesting to see the truth about how much manipulation there is in the Li space lately. Every Li stock has fallen sharply because of the spot price, right?
So what haven't we seen? Shorters, fake news, scare tactics, FUDers, Chinas "crashing" spot prices where they actually had no stock and then bought up local lepidolite that gets knocked back because it's sh*t
https://hotcopper.com.au/posts/71554540/singleI've been following that respected poster for many years.... have a good look at that post!
What is different with EMH to other Li stocks? The fall hasn't followed the spot price that closley has it?
Just with the number of shares available in EMH so tight many of the holders here could crash the price completely!
So what's different is that manipulation of EMH as an entity is dulled. The current SP doesn't reflect reality at all.
Thanks goodness (or KC lol) that we haven't been more diluted and we haven't been through any consolidations yet!
At the end of the day KC is more a trader than a miner I would say after some research on him and related companies like Cadence for example which seems to exist only to take advantage of EMH SP movements.
If China spot prices are a scam that started back in July when their Futures Exchange was created to make Li a "commodity" maybe too early in it's evolution what is the real value of Li? Maybe a lot closer to what it was back in July....... so the CAPEX and OPEX of Cinovec are not really a worry at all. We all thought this previously when we bought in and the the spot price wasn't crashing but rising sharply. Seeing red can make you worry but is it really justified?
EV sales are not falling of a cliff like the Li price. The reports have been misleading to say the least.
The BEOT know the reality and this is why they are trying to get in anyway they can ....and all we talk about is getting out!
Anyone who understands the stock market just a little knows it's a game of patience. All the impatient holders will not be rewarded. Getting our ducks in a row does take time and the more ducks the longer it takes. It's a bloody big project ffs. Making this forum an echo chamber of blaming KC for very delay is only scaring small retail investors out of their hard earned money ......and handing it over to the BEOT on a platter. Why do it unless you are batting for the other team?
Power in numbers is the key to keeping the bastards honest. This low price is a screaming buy!
DYOR
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