Growth stocks like Core Lithium will rebound massively due to revenue streams, producer status, no debt, huge correction in SP $2.00.
For what its worth, I totally disagree Bluegoose, looking back spodumene spot at all time highs, was never correlated to lithium equities, only the big producers PLS etc witnessed massive rises in market caps on the back of incredible revenue streams.
Its all about sentiment, investors are spooked by various macro events, especially the Ukraine war, inflation is the after effects, on the back of covid stimulus, massive QE in 2021, GFC, QE still running through the financial systems.
My understanding to date is the only catalyst drivers will be a change in sentiment due to dramatic fall in inflation, Jerome Powell must accept a higher core inflation between 2 to 4% ease of interest rate hikes until peace and stability happens with a breakthrough in peace talks in Europe, otherwise he risks breaking the financial system, the latter is inconceivable absolutely unthinkable.
So I am still extremely positive going forward.
EV revolution, dye been cast, gigantic upside!!
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As always - IMHO
CXO Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)