WR1 1.74% 56.5¢ winsome resources limited

Cxo hasnt collapsed due to lithium spot price.but at one stage I...

  1. 1,874 Posts.
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    Cxo hasnt collapsed due to lithium spot price.

    but at one stage I held it at avout 70c and sold at about 120ish. They were another group my gut told me to get out- glad I did there

    I dunno seamay my gut tells me this is going further down. It may be better to wait it out on the sidelines and wait for the uptick.

    yes I complain but honestly I haven't been impressed at all by anything evans has done this year- particularly around media and releases.

    I do not believe our current ev is where its based solely on li sentiment. And even if it was were talking a 2 year cycle to see a return to a positive li environment

    again like I've said since I started whinging.

    fine if you can hold for 3 years but if u cant there's other opportunites. I dont believe the mre will see it rerate. I believe there will be a 90% move before a collapse back to 1.50 again.



 
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