Good for you Mikey and I agree with your observations. Unfortunately, I kept waiting for a new dip and missed the latest boat. I wished I had the funds when it briefly hit the high $0.6s. Oh well, I will wait for another opportunity as I definitely want to increase my number of shares by at least 50% to 100% this quarter and even more as the project progresses. I will do this by gradually shifting funds from my already producing lithium companies to the soon to be producers like Advantage.
The article I posted yesterday lists several project catalysts expected during the next 12 months which should greatly help the SP. First, we should see the results from the last exploratory well any day now, which I think will show a very healthy lithium concentration above or close to 600 mg/l with low Mg based on the results from 3 neighboring wells. This will be followed very shortly (or maybe together) with the resource estimate which has major bang potential. The recent sharp rise in SP is probably anticipating good results for both of these. My main interest remains the engineering details and the financing that will come next year. I hope Advantage can reach a good and fair agreement with Orocobre and perhaps Toyota without not giving up too much. If this occurs, then the project project will be derisked and in great shape for financing, construction and production. I believe that this will happen due to the good relationship that Advantage has with its partners.
I am almost green with an average of $0.91 and I hope to buy when I see new dips, which are always expected, but I won’t complain if the SP keeps going up!
Good luck to you and all here!
The article I posted yesterday lists several project catalysts expected during the next 12 months which should greatly help the SP. First, we should see the results from the last exploratory well any day now, which I think will show a very healthy lithium concentration above or close to 600 mg/l with low Mg based on the results from 3 neighboring wells. This will be followed very shortly (or maybe together) with the resource estimate which has major bang potential. The recent sharp rise in SP is probably anticipating good results for both of these. My main interest remains the engineering details and the financing that will come next year. I hope Advantage can reach a good and fair agreement with Orocobre and perhaps Toyota without not giving up too much. If this occurs, then the project project will be derisked and in great shape for financing, construction and production. I believe that this will happen due to the good relationship that Advantage has with its partners.
I am almost green with an average of $0.91 and I hope to buy when I see new dips, which are always expected, but I won’t complain if the SP keeps going up!
Good luck to you and all here!
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