cool story old fella but guess what if that happens I will adapt and shift my outlook, the hallmark of any good investor is to wait for the market to confirm a view and then go with it, if that changes you too must change. I guess that's why as a young fella I'm able to invest full time and do well enough that I don't need a 9-5?
the funny part about all this is that so far Ive made a fortune off lithium ALREADY last year so despite what eventuates with the EV space those gains have mostly been locked in, that's what good investors do they buy low and sell high and they never ever fall in love with one stock one commodity or even one sector but seeing as you only ever post on LYC I'm not sure that's a concept you understand?
the point of my intial post though was to raise the $550m elephant in the room which is debt. sure there's no immediate risk of bankruptcy but that monkey wont truly be off LYCs back until its is greatly reduced
the other funny part is right now REE makes up a tiny portion of my portfolio as I'm a lot heavier in Cobalt, but also some lithium and Iron Ore and even shock horror some Oil as I feel like Coal Iron Ore and even Uranium recently we will see a surge in Oil sentiment in the next 6-12mths
anyway enough from me best of luck with LYC
LYC Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
