Current macro has something to do with it. PLS is one of the lowest cost produces yet is getting heavily shorted. There's no love for lithium at the moment, if we had what we have 2 years ago we'd have a market cap of 250mil. That's cycles for you. Many are saying there will be an oversupply until 2028! But I think no one has any real idea past 6 months into the future.
Really hope Jaegar holds something of value. My wish is that we get the next cap raise at over 50c to avoid too much dilution.That will dependant on Jaegar results. I think I'll be holding for a couple of years until prices rebound. If you're convinced Lithium will have its day again, it's a good time to buy.
Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-39
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