RE:Not a ShorterMrPeters wrote: But sure wish I were.How far down is this going to be pushed??
I'm not a shorter either. I don't know so much that the stock is being 'pushed' lower. I think, as per my previous post, the stock was being shorted by those participating in the recent financing. It's not unusual. It's not great or particularly ethical IMO, but it's pretty standard. A more orderly financing (e.g. IOL taking shares), would have been better. Who knows, maybe Chris is PO'd with the way this went down too.
The stock may be 'pushed' lower, from here, but I don't think so. I think it may drift lower, but only because we need to know what the KPI is for the flow rate. IMO, that's the only thing that's holding us back. The market hates uncertainty. Re: The flow rate KPI....
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Flow Rate: The flow rate ratio is a measure of the rate at which the lithium can be extracted from the brine within a fixed capacity. The higher the ratio, the smaller the DLE commercial plant required, which is a proxy for the capital costs of this system."
GLTA