The Lithium & Cobalt sector has been deflating for some time. Even the golden child PLS which is cashed up to the eyeballs, has offtakes in place, near term producer with firm plans for expansion is down around 30% from highs and even down about 20% from the price they recently placed shares with POSCO.
We have well and truly missed the peak opportunity to sell, and it's time now to simply make the best from this that we think we can.
I'm sure that means holding LT for some of us. For others it will not but as you correctly say - some people are already out and they've done better than holders at least for now.
ARL Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
