The Calm Before The Storm17 May 2023 09:09
It's been very quiet on here this past week or so, both on the chat and in the trades. Slight down tick of the price but only small. I think this could well be the lull before we start to see lots of significant news. With production expected to start (hopefully) early June, will we start to see an increase in activity as people start to buy back in and new investors jump on board?
I think the acquisition of Recyclus has been a worry for many and has held the price back. But now we are expecting that to be completed this quarter as well so that could be a big news item that pushes the price up.
Also hopefully lots of press and excitement about FINALLY getting production started at the Lithium-ion plant, that should generate lots of enthusiasm. Along with that we should see news of deals, partnerships and other things materialise. Not to mention all the mining news we could see, especially the Irish site, expecting lots of news flow on that soon.
There is so much to look forward to in the very near future, this quiet period was very much expected and in many ways it's just waiting for the sudden surge of movement, hopefully upwards and onwards.