TLG at the moment is a real test of one's convictions. There is no fundamental change to the company from my understanding. The factors mentioned by@slash5k1 are to a degree all probably relevant, and macro factors are constantly shifting- but there's nothing directly attributable to this slide. China is selling a lot of EVs yes, but the gigafactories on the map below are still going to need anode, they will need quality anode, and they need to ensure a safe, reliable, green ex-China supply of it. This has not changed.
I'm lucky because other stocks I hold are keeping me going nicely, but I am heavily invested here, and am seeing lots of other gains being negated by this stock.
I'll buy more at .60ish if we get there, but we have to be close to a court decision now. Then we get other announcements. Funding, offtakes, etc etc. I'm assuming lots of announcements/deals are contingent on appeals to the bloody mine being quashed (understandably so), and so all we can to is steel ourselves, stare down the charging English cavalry, and...
...or we can tuck tail and run (sell). But then we'll likely have Wallace burst into our bedrooms, and bash our skulls in with a morningstar later on (i.e. miss our on the gains to be had)... OK, stretching the metaphor now. You get the idea.
NFA, DYOR etc. I'm holding. And grinding my teeth in frustration.
TLG Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
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