1. Very strong net demand (ie Li demand will significantly outpace actual Li supplies) for Li in the near future, based on strong fundamental analysis by Sprott Critical Metals ETF a few days ago (Analysis reproduced, verbatim, by Stock .head's C. Edwards 11.4.23)
Thanks@TrayonRanger Post #:67216758
2. The SP action (now at 51c, with c.3m sold so far today) almost certainly indicates the big boys are wading into ESS- they realise 50c is far too cheap for a safe Tier 1 11mt Li asset, (& much more?), well located, in a market that will be desperate for Li in future years (mantras of energy security/secure supply chains- ie non China & non-Russia/Co2 reduction targets etc.).
Enjoy the ride.
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