RE:RE:RE:I’ll take a buyoutTheWokeLemming wrote:
MrPeters wrote: I'll beat that 3.70 ya can have mine.
just to shut the missus up.
LOL! Looks like it's SPAM for Xmas this year.
E3 hasn't figured out the season .... it's red AND green but all we seem to get from them is red. From $5.72 down to $2.08 in 4 months is not very jolly.
Not very Jolly indeed. Fortunately (today anyways), they're not taking a ship flicking like SLI. SLI is getting totally hammered today. Down 9% at the moment. I've always said, I do like E3's property a lot more than SLI's.
I like MrPeters' comment too. I feel your pain. We're just in the right sector, but at the wrong time. Hopefully Li prices have bottomed, or near bottomed. I believe E3's PEA is based on a market price of $14K / tonne U.S... which is basically where we're at now. Li prices are likely to recover somewhat before we go to production anyways.
I'm still wondering if POSCO, IOL, or similar, is looking at the current environment and thinking maybe they could take us out on the cheap. E3 should issue a release saying it's poison pill time, just to spice things up a bit.