$Krakatoa Resources Ltd(KTA.AU)$ KTA are became matured enough to back on the track to go back to the top again. by the result from the first drilling sample the drilling rig are ready to drill at new higher grade lithium discovered at new area just a few meter away from historical drilling and the company intends to drilling the hole area and MORE IMPORTANTLY is DRILL RIG are ready on the site and the company is discussing with Drilling Contractor to be commenced Imminently with Initial result will be available immediately afterwards 🔥🔥🔥⬆️⬆️⬆️ comparing to FRS:ASX company discovery this KTA Discovery is way higher than FRS with huge area prospects to be drill. Price expected hit 5-6 times fold within 7-10 days with announcement release from the next drill at new area that contains all above 3% lithium from each sample will be test with drilling program. Price expectations 0.400-0.700$ AUD indicative change. Globally Discovery Interests
Comments
I think the technical indicators for Krakatoa Resources' stock are bearish. The MACD indicator is below the signal line, and the RSI indicator is below 50.
The demand for lithium has been weakening in recent months, as the broader market has cooled off.
Krakatoa Resources' stock price has been on a downward trend in recent months.
Expected higher on Monday hit over 200%. Resouce update Lithium New DISCOVERIES L.C.T type. Prove KTA discovered LITHIUM FERTILE ZONE. Spodument expected Found on discovery ⬆️🔥🔥🔥🚀🚀 price indicator 0.150$-0.300$