i dont quite agree.
those that was not producing may have high value and have come down.... but their value is still underground.
as long as the lithium spot price is high.
thoes that are producing like pls and ake have been valued as a buy by Macquarie at ake $17 and pls $4
currently both are not near that value, and the spot price just when up, so for these 2 stocks where is the bubble Both still trading below broker value. Demand is still there...... so i dont agree with the bubble theory.
demand still very high.
spot price still high.
value by broker not close.
both will be making a profit.
the issue is how much profit and does it justify their MC.
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