NASDAQ- PLL Share Price Live Thread, page-565

Great reply from Moneymaker.

Planks, the only thing I would add to it is, never forget the financials, especially a company's debt level and repayment terms.

Companies that carry a load of debt, even if they are a good story, often go into administration.

For example recently AJM, they were so eager to build a mine, they financed at 15%, when others were getting 9% to 11%, and then they couldn't repay the debt, and it spiraled, and the creditors refused to restructure the finance. The company was selling lithium spodumene, and had good off-take arrangements, but once the debt got to over $200 million, the creditors got nervous.

So always look at a company's debt levels before you invest, that includes how much debt they currently have, and what percent their interest repayment rate is.

Don't get me wrong though. Companies need to go into debt to grow, it's just the levels of debt and terms that need to be sifted through carefully, and then their ability to repay those debts, given the terms.

Good luck.
And, welcome to the machine !!!

Gw