its Nuffa dodo hunting season.Sheep trade convincing other sheep...

its Nuffa dodo hunting season.

Sheep trade convincing other sheep that fear will drive more over the edge, until, its all held by hardy longs, and bottom fishing traders.

The best deliverables will ultimately be valued at an industrial level, and any sp volatility along that journey is just noise.

OK, well done if you have traded the fear trade and anticipated the effects of the sheep, but if you have not got back on the train, the trade is all you will ever have.

Destination unicorn village. Long term dividend yield, or taken over.

Target 100mt in a tier 1 Jurisdiction with what would seem to be great economic advantages.
The best will be in a predators sights. Come PEA, or earlier with opportunistic M&A.

When LTR was up for $6 plus billion at the top of the cycle, and a modest target of $1 B would not seem out of the question, if you want that guarantee of supply, not tied to risk of the China - Taiwan / Australia fatal flaw.

A market that anticipates a sector bottom will go after the best in class first. Then when they become expensive, the next tier down will attract speculation.

However, with development probabilities, the higher, the deeper the pockets.