Member Info for AIMtodeath

Risky to trade out with any size, buying back will not have the same ease.

Think if you had sold in the low 7s thinking it had hit the top of the trade zone....

Plenty will sell here because it is a natural point to do so, but fundamentals should keep the pressure on to move past the sellers

Thing is lots of people like a Sunday blast on a bike, so 200mile range is more than enough for a day. Filling up at a petrol station a drag when you are all kitted up etc. Roll out of garage, ride, roll back in to garage, plug in.....easy. None of this oil business going on and chains and crap..... easier ownership. Dry cell solid state will be the real difference!

Heavy fundamental support to back it up

Nuts valuation and BTC just hit $40k!

out with the old in with the new...
Traders - tick
Top slicers that didn't do it last time - tick
FOMO chasers - tick

New investors create new floor

When buyers at this level start landing 150k/250k shares at a time then they will look to fill their coffers from sellers, but more 20-50k buys steadily coming in that just one 250k sell wipes out. All balance at the end of the day.

Wasa more likely to see bigger sell desires when the share is pulling back as you are hitting resitence or value area that MMs want to collect at, when you are hitting 5 year highs they are not so keen to collect too many......unless they can see huge demand/buyer off book. They know here is as good a trader/chart sell area and ain't going to let you out with too many.

Well so it seems LAC, SQM, ALB, GKY, PLS, AMG, EMH, BCN etc to name a few have also risen withoug an y real SP enhancing news to underpin their recent rises.....it is called investing ahead of the curve..... it continues to demonstrate your micro view point directed at DA and not able to see a bigger picture change in the Lithium market could have any reflection on SAV. You do know tha Kenmare is on a 7 year high, Tio2 is doing very well this year. We still own 20% of a 3 licence monster......albeit adrift at sea but I suspect that if lithium had not taken a 3 year hiatus we would have been building a mine, valued many times more than today and raised money to finish develping there. EV/Lithium backstep and Portugese shafted us and prices of allllllllll lithium companies, even producers tanked ...... so we only reflected the wider market and were not unique.

Disturbing your penchant for checking selling prices Wasa....haha It is abou MMs controlling the momentum and making a sensible market. By delaying sells they can wait for a while to get buying pressure moving again to give them confidence at reloading at this price on bid. If they dropped the bid again then you'd find shares in the 6.5s, but they want to maintain SP or increase it rather than go down. Moving around quickly is harder to control, this brings calm and churn ability.

sellers gonna be sellers.... whatever their reasons

Others had convenient stories about Tesla associated with them..... all a bit suspect if you ask me.

Chartists have to ask themselves chart or fundamentals.......

No the mine life of both projects reverts to 26 years I believe

I read your comment Big as derampy and positional....you asked because you wanted to seed doubt in other minds.... the asking bit is just the excuse to do it.
You are also talking rubbish on timescales of real news and also highlights your naivity in the macro LIT arena and the changes occuring if you can't see why SAV has responded in SP.

Except time to build, however it was not perceived to be builtl within 3 years until a:can run one RKEF at full 900 kt/pa and b: cash flow positive
If all works well and they have nameplate early and Nickel is $18k they will be cash flow positive way sooner and can look to move sooner.

ALl here

https://www.lse.co.uk/rns/HZM/araguaia-ni-43-101-fs-filed-and-stage-2-expansion-2t68ki60hskwzyj.html

Stage 2 is just an RKEF line..... It takes 2 years to open up the ground and create the mine and build the processing plant aswell as the RKEF line is my take. The ground is also ready for it in the original plant design.

There is a ramp up period and they would risk another stage until they could show nameplate production, but they will have been paying down debt and building up cash in the first year in anticipation, probably getting prices and updating design maybe based on the first stage.

At $18k and stage 2 in action we won't need a 'money' partner but an 'engineering' partner, or simply someone to 'share the risk' with on an HPAL.....