Very oversold … now watch for volume break above 31, page-19

Dear Surfcharts95

if my posting bothers you … please put on ignore

i called it around May that a close under mid 50’s was going to indicate a pullback … so no point commenting on a train wreck!

Lithium prices a major contributor to setback, but I think the news flow from the company could also have been better.

i would have liked earlier sighter results on metallurgy and an initial ‘resource target’ whilst lithium prices higher.
The lower the lithium prices slides, l assume the higher the cut off grade that would be required to present a credible picture.

anyway, that is now history …

- metallurgy now looks great
- AJ is certainly the man to take this forward
- resource picture looks large (enough to be commercial)
- close to port, on Mining Licence, nearby infrastructure
- lithium prices very oversold to a point where few can make money
- big companies like RIO/WES still want to play in the sector

I personally think a Wildcat share purchased under 30 cents may be going to look pretty smart in 6 months time