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06/01/22
11:21
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Originally posted by BlackElk:
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Whilst the thoughts presented are by no means unworthy of consideration, 2018 is not 2022 either. Demand has increased, EV production and battery technology progressing further since, and the lithium space is not facing short term oversupply, AKE is not sitting at 18% shortsold either, as GXY was at one point as the sector got dragged down and the doom and gloom was perpetuated amongst the emotional and shortsighted, and those committing intentional and agenda driven misdeeds. Lithium price remaining high for time being, and each quarterly should be improving with this and higher contract pricing. AKE in ASX100 and perhaps heading toward ASX50 now. I like to think it has further to climb yet but yes there is a lot going on in the world and who knows what can happen at any given time.
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Apologies, this was a reply to yanlin's thoughts around share price high of GXY in 2018 and now with some of my observations. And thank you yanlin for your many contributions, certainly food for thought.