Wouldn't if be great if our DFS came out just after Teslas...

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20/09/20

19:47

Post #: 47486783
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Originally posted by 16wrx ↑

I’m sure the theory is that the influx of new shares will result in a subsequent dumping, although we are already at cap raise SP so I can’t really see why the instos would in fact sell for no benefit (I.e. if we had raised at a huge discount and SP was still above cap raise price, then it would make some sort of sense to short).

With the amount of shares being issued, there is certainly a risk that someone could pretty easily shake the tree and push the SP down short term and buy in even lower, but imo by the time shares are issued there is likely to be a very small window in which this could possibly occur.

Also agree that it is a very high risk move to short right now. The Fed’s comments this month were pretty much status quo, but clearly more stimulus will be needed in the US which will benefit gold prices.

We see blinding progress in battery production facilities, plus the upcoming battery day event from Tesla which is pegged to make EVs even better performing and cheaper to manufacture. Not to mention the EUs renewed focus on renewables, carrot and stick being employed massively will accelerate the energy transition considerably. All imo leading to an increase in lithium prices, which must rise as currently are too low to support supply side entities.

Just too many macro factors to ignore, without even mentioning that we have significant assets with near term news on both of these fronts. The odds are very heavily stacked in our favour, with just a few i’s to dot and t’s to cross.

Plus yes, shorting sucks, a sad bottom feeding existence it must be to spend your days hoping for others to fail in order for you to benefit.

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Wouldn't if be great if our DFS came out just after Teslas Battery day . The one that Musk says will be "Insane"
put a rocket under our SP.

MLL Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
8 Upvote

1 Great analysis

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