Well AEV management have Chinese connections who are hovering up global commodities in competition with the West. Similar to EFE with no major lithium project placing to the chinese to source Lithium that triggered interest and MV sitting at $50m.
Regarding a thematic with phosphate, its early days and increased global demand will lift all phosphate listed stocks. A rising tide will lift all boats, however the ones that will have high propability to succeed are the ones with advanced projects (JORC, Scope, PFS, DFS) are the ones that will outperform similarily to PLS pre Lithium 1.0 supercycle (PLS was 1c) and Paladin PDN in the current Uranium thematic.
Just observations for AEV
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