Lithium prices yes are pretty volatile atm but the consensus is they will increase towards the later half of the year and be overall up for the year. Only really an issue if you are close to production and looking to finance a project, more so than being in the exploration stage. PIM also has negated some what part of this negative sentiment by acquiring a tenement which has REE and Uranium potential. Prices in these sectors are at highs and with such a low EV the reward here is several multiples. Yes there is always the risk this could fall back to cash on hand value but that is the play at hand. The real problem is traders will take the sp where ever they choose. I have already entered and exited this one a few times and I'm sure if everyone posted when they exited this would be an extremely long thread.
