1MC 0.00% 0.4¢ morella corporation limited

Whats all the fuss people? In my opinion, things are still...

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    Whats all the fuss people?

    In my opinion, things are still looking good for Altura for the following reasons-
    1.Weakening Aussie dollar
    2. Strong demand for Lithium
    3. off takes in place
    4. Potentially excellent profit margins
    4. Potentially stage 2 on the horizon
    5. T/O put to bed
    6. Product is at the port

    And so on and so on.

    In my opinion, this is a industry shakeup at a macro level. (Turkey, trade wars, oversupply fears due to scaremongering by investment firms) Most players in cobalt and lithium are under pressure. I think it’s going to take the next quarterly with some income figures in it to calm the nerves of a few people.

    Good time ahead in my opinion, I topped up yesterday. Hopefully the sea of red will subside and green pastures prevail.

    Please DYOR
    Good luck to all holders

    Cheers
    MG
 
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