NUH 0.00% 8.1¢ nuheara limited

Banter and General Comments, page-1234

  1. 1,775 Posts.
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    stu79, I do not wish to contradict any tips you may get. That said, I need to caution you on investing in quite specific commodities around which the narrative and the reality vary greatly.

    I have spent 10 years of my life to learn a bit about renewable energy, alternative energy and energy management and energy storage (batteries).

    Lithium is popular at the moment courtesy of Elon Musk and his revolution. You should be aware the world is knee deep in lithium in all its variants. Although many companies have significant reserves, very few are about to extract and process profitably.

    If you must invest in that space, which is at boom prices many multiples of only 2 years ago, stick to producers and not explorers. Pick the stocks with heaps of capital and positive cash flows because it is a very capital intensive activity.

    I don't think it wise for me or anyone else to simply throw out names and ASX codes on this forum. There is a lot of hype in the market and when things like GameStop can happen, a lot of volatility will follow. Liquidity has blinded common sense in many valuation metrics. Be careful you don't get caught dabbling in markets you are unfamiliar with.

    I have no idea about Scottish / UK markets, but if I were you, I would stick to jurisdictions and stocks I know or can follow closely. Now is not the time to cast a wide net hoping to snag something (anything).

    Good luck, I always enjoy you contributions.

    GLTASH


 
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