Ann: World-class pegmatite intersection at Finniss, page-104

yep, many pundits predicting a lithium rally in 2020, and many predicting the bottom is now.

we are perhaps seeing signs of a rally already.

Below is a table of some of China's biggest lithium companies and what their share price has done since 1st November, 2019:

	Column 1	Column 2	Column 3	Column 4	Column 5
0		1/11/2019	10/01/2020	+/- ($)	+/- (%)
1	Ganfeng	22.18	41.08	18.9	85.21%
2	CATL	69.33	113.31	43.98	63.44%
3	Tianqi	21.46	31.53	10.07	46.92%
4	Yahua	6.6	9.49	2.89	43.79%
5	Guangdong Weihua	7.06	9.11	2.05	29.04%

if we want, we can also add in Tesla which is up 53.63% since 1st November 2019.

It has been said that lithium co's on the asx generally follow the Chinese co's, however we are usually about 2-3 months behind.

So below is a table of asx lithium players and how they have performed thus far in the first 10 days of 2020:

	Column 1	Column 2	Column 3	Column 4	Column 5
0		31st Dec	10th Jan	+/- ($)	+/- (%)
1	LKE	0.026	0.051	0.025	96.15%
2	SYA	0.011	0.016	0.005	45.45%
3	ORE	2.65	3.40	0.75	28.30%
4	PSC	0.18	0.23	0.05	27.78%
5	AJM	0.049	0.062	0.013	26.53%
6	GXY	0.925	1.16	0.235	25.41%
7	PLS	0.28	0.34	0.06	21.43%
8	EUR	0.084	0.099	0.015	17.86%
9	ASN	0.027	0.031	0.004	14.81%
10	PLL	0.118	0.135	0.017	14.41%
11	LPD	0.015	0.017	0.002	13.33%
12	LPI	0.25	0.28	0.03	12.00%
13	INF	0.059	0.065	0.006	10.17%
14	AGY	0.076	0.083	0.007	9.21%
15	NVA	0.044	0.047	0.003	6.82%
16	LIT	0.06	0.063	0.003	5.00%
17	GLN	0.13	0.135	0.005	3.85%
18	MIN	16.5	17.05	0.55	3.33%
19	NMT	0.19	0.195	0.005	2.63%
20	CXO	0.035	0.035	0.00	0.00%
21	AVZ	0.043	0.043	0.00	0.00%
22	EMH	0.3	0.29	-0.01	-3.33%
23	LTR	0.087	0.083	-0.004	-4.60%
24	MLL	0.076	0.071	-0.005	-6.58%
25	LI3	0.025	0.022	-0.003	-12.00%

The Co's in bold are the producers. It makes sense that the producers would be the first of the asx players to follow the Chinese, so i comes as no surprise that our producers are all at the top of the table, all enjoying gains of over 20% these last 10 days.

Of the 25 co's in this table, 19 of them (76%) have made gains, and just 4 of them (16%) have lost ground, overall a good sign.

The co's in red are co's whose performance i find baffling in comparison to their peers: I don't see why CXO (Australia's next lithium producer), LTR (Australia's biggest uncommitted Li resource which is about to get a whole lot better) and AVZ (the worlds biggest Li resource) haven't joined in the gains... Seems to me that these 3 co's have some catching up to do. And if our peers continue to perform well, it only makes sense that these 3 companies WILL catch up.

IMO

GLTAH