Some are shown below. But I agree most lithium explorers are down and the announcements dont seem to matter. It could be due to companies like BHP offloading all their carbon based energy assets and intending to replace them with non-carbon based energy assets (eg: lithium, cobalt, vanadium, etc). So, its in their interest to employ hedge funds to keep the price down so that a takeover offer can be low ball. RIO just paid $825m for Rincon in Argentina which is at risk of being nationalised or taxed to the max by the broke gov. So, viable Aus mining companies have to be doubly attractive for being in Aus and safe. Once one takeover offer happens, it should place more investor interest in the others.
AVL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
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