It seems like the recent action over at PLS and the death of A40 has well and truly put the lithium industry into the gutter. I hold both AJM and PLS and am still not at the point where I'm considering selling, as I feel like both companies are ultimately taking the best steps they can in this current climate to stay alive.
However, I have to admit this is hurting, I've haven't let it get to me too much over the last 18 months as I've been fairly confident of the industry long term and I'm in no rush to make a buck. But we have a lot of ground to make up now and it really feels like there's no good news on the way at this stage and if anything more pain. I honestly never thought in my wildest nightmares that we would see these prices again.
Good luck all and I'm hoping you're all doing okay out there. Tough lessons in the stock market for sure.
AJM Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
