RE: Approaching 1.5p as expected6 Mar 2025 10:35
Munnie,
I have been watching ATM for years, sitting ,watching & listening.
I've read the pumpers and the dumpers all throughout that time and looked at the accounts vs the S.P.
I agree the timeline can change due to world economy, local politics etc but looking at production volumes and share price I've been waiting for it to hit 2p before starting to scale in.
Quite happy to see it dipping under.
Can't remember his name but the bloke at Portillion capital ( or at least someone claiming to be him ) appeared on the Telegram group and said he and his members sold out at 6 - 7p, he knew AV really well and knew it wasn't happening for a while until production had been increased.
We all knew and assumed that massive stage 2 funding was required to get the tin production levels up to break even and the lithium was only pottery grade ...
Turns out that the $2.5m loan is the stage two funding.
Turns out that they have battery grade Lithium as well as Spod.
It is interesting when a big ii sells and then yet another aim BOD sells its free shares for tax/divorce/housemoving/kids wedding expenses etc as that drags in more Pi's into selling so that the price tanks, sometimes that falling knife is on a bungee rope, you ever noticed that?