Member Info for AIMtodeath

Some chunky buys picked up on that drop. MMs creating volume.

to buy at 3.7p, couldnt afford to have a further drop if I got more.....

I bought at 4.5, 4.2 and 4.1 and I had not the patience to wait for this sub 4.....grrrr, nealry sold all at 4.3p, could have seen this drop and bought back....grrrrr. but it could have gone up too....hindsight!

And soaked up by sells. Noticed buy volume liquidity soaked up on SAV many times.

When someone more important than us decides they want to make their money.....it'll move....Haha. We'll always be hangers on, on someone else's ride. :-)

PS... Trade wars, tariffs, bear markets won't stop people buying cars and needing the metals to make them, those being copper, nickel and lithium to name but a few. Green energy is the only way forward, solar and wind need bucket loads of copper, will never change. Maybe a few obstacles in the way, but the end game is still the same...

Itsaduster, There is currently a wide analyst view that 2019 into 2020 if, IF.... The big companies can use their working capital to expand to stated targets and with some new supply arriving, supply may be in excess of demand for a short while. However a few things to note. 1. Very rarely has any expansion especially brine hit it's expansion target. 2. New mines will not arrive at stated time, always delays, also how long you get to full production and meet target. 3. Not all lithium will make the 6% high purity required for the battery market, stories I've read recently saying some concentrate deliveries to China not hitting the right/contracted grade! Not all lithium mines are equal. If you can't hit 6%+ high purity, get out of the way.... Helps we are almost 100% spodumene, without need for strange techniques to recover right grades. 4. Hydroxide becoming more common, hard rock preferable supply to make it, only requires one conversation and it's good purity. Brine takes two conversions to get to hydroxide and not as clean, high purity. So they can produce all the brine lithium they want, spodumene for hydroxide maybe preferred regardless. 5. Location, location..... Odd we are in Europe, but currently no competing viable spodumene mine to us and cheaper to use local spodumene than ship it to Europe, governments pushing for full battery cycle production in Europe end to end of which be a no brainer to integrate Portuguese lithium supply, especially first mover! So odd place, but unique place. 6. So only so much money to go around, put money on the right lithium horses. I'd say out of juniors, given purity and location we must be a sure bet to supply European market, but if they don't get their shit together we'll sell anywhere. How many battery factories coming to Europe? Just needs a chemical producer and spodumene supply on their footstep. Hello Panasonic /Tesla... 7. Lastly, everyday story after story of EV bus, lorry, ferry, bikes, storage, cars coming to market etc, it's a juggernaut heading in one direction and it'll need more lithium everyday.... Governments, cities with laws to force you to use EV, car companies moving to electric only products, you won't have a choice. And at $685 lithium concentrate would have to sink quite a bit before our 60%+ IRR starts to look less amazing. It's an amazing economic /financial opportunity even at significantly suppressed prices than today, everything above $685 is a bonus. All the Aussies mines entering production now were all based in pricing 2 years ago and seen as very profitable then, so why shit a brick at $900 dropping to $800 when $600-700 was already awesome??? Feel I coughed up a fur ball....

Buy, sells.

Explains the 8.6P bid drop earlier

And another 155k over ASK just about same time.

No large sell trades that could soak up these buys but price doesn't move. Back door sells?

Over ASK, but they dropped the BID on one 50k at 8.8p????

286k was a buy, and probably the factor for why the price actually popped up eventually.

If you check the time back to 16.03 it fits the pricing for a buy. The 222k interesting as it went from 8.63p for 90k sell to 222k at 8.65p, that wouls be unusual to do that, but appears low for a buy too....

And a 250k just dropped in, which looks like a buy too

In fact looks genuine 2 x buys vs sells for the day and down it went. Dark pool selling?

Dropped it on the 2 x 130k then there was 700k buys and it does not go back up...

Only 50k on ASK but 400k boughtat 8.69/8.7p since 1pm and it won't go up.....

to their party today, bit of a lift.

I understand the reasons, I understand this is what being a CEO gets you in development companies, if you can't grasp this then your fooling yourself.
However, if he cannot afford to put his nose in the trough for the warrants without having to sell some to give him some cash in his pocket, maybe not taking them all would have looked better because then he would not have had to sell some.
Of course he wants his cake and eat it, been working long time to get to where we are, just maybe bit off more than he could chew.

Quite a few companies taking a beating on share price, herd mentality. Most hard rock producers DFS' were at prices a lot lower than spot prices so does not change their investment credentials. Despite project fear. Lower prices only go to help the uptake of more EVs creating more demand and so on. Aside from any fear, there is not a report out there showing any decline in the March forward of lithium ion use. Nemaska getting a beating and it's fully funded to be a fully integrated producer, to print money.....market-confused.com

8.99s were buys

Something of substance on the buy side though the smaller buys do add up well.