Stating the obvious if macro's keep trending as present or break to upside the game will change a little bit.
(In Li Co space)
Money inflows atm highly influenced by 'time to market' and to lesser extent resource size and quality.
If the above marco (price) trend continues the money will discount 'time' and put a premium of 'whats in the ground' and to lesser but still significant extent 'what we think is in the ground', it will never discount risk but let's say will be more open minded.
The money will start to re rate resource value.
Stocks like 4ce, LTR and obviously AVZ should not be dismissed as 'over brought', In Co space take another look at AML.
This from a person who reduced exposure to Li Co space over last couple of weeks
Disc; added to AVZ holding today and still hold few of the others..
- Forums
- ASX - Short Term Trading
- Short Term trading Week Starting: 27 Nov
Short Term trading Week Starting: 27 Nov, page-161
-
- There are more pages in this discussion • 135 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus