The usual silly market reaction. Sell first talk later... it feels strange for market to always react negatively and for speculators to collect their winnings whenever positive news come out. It is as if speculators are congratulating themselves for the work well done... for missing out on a real deal!? [Facepalm] [Spurting] [Smug] [Glance]
Just sharing this piece of news again, in case readers missed it.
My take is history doesn't repeat itself but it often rhymes. From my limited 🧠 capacity's perspective, with Saudi Arabia taking out the last 25% of the mine offtake, the entire mine is sold out! That's wonderful news for any miners! Even more importantly, the Saudis has committed to build the entire processing facility in a 50:50 joint venture deal, meaning CRML doesn't even need to spend a single cent to gain 50% processing benefit. How good is that?
Buy on rumours, sell on news? Nah.., that's not my investment style. I would imagine a quick rebound from here, by leap and bounce... a pity my hands are tied, otherwise I would have jumped in with more purchases... May time be the judge...
@Daily_Discussion @Tiger_comments @TigerStars @TigerClub @CaptainTiger
Stock Track | Critical Metals Corp. Plummets 7.45% Intraday After Announcing $1.5B Saudi Joint Venture
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