If it was me I would neither buy nor sell any junior lithium...

If it was me I would neither buy nor sell any junior lithium play until the quarterly's come out.

If I had A40 and could hold I probably would as I think the the coming days may be a bit ugly, perhaps even after the quarterly but I do expect/hope that all the juniors survive and ultimately gain in share price.

I think that A40 is now/or will be oversold.

If I held stock and absolutely believed in the company and thought that it would go down but recover selling now and buying back a higher holding would make sense but too much could happen in the interim and I would not risk that.

IMO the fanciful P/E ratios and inflated share price predictions for all the juniors are unlikely unless the lithium price hugely increases.

There is no basis of applying a P/E ratio similar to BHP/RIO for what is a one commodity, one mine, one trick pony with a limited life. Having said that they should become profitable and generate a handsome dividend for a few years and be worth a few multiples of where we are now.

Just my middle of the road thoughts, no doubt to be shot down in flames by the various cheer squads.

Cheers

Newbie Thomas