Yes spot on with the price comparisons between pls and the old gxy. I would like to think ake has more potential share price gains in the future. The delay in permits by a couple of months for SDV was disappointing but to delay sdv for a whole year was even more disappointing and I think it didn't do ake shareholders any favours.
A lot of talk recently about big business spending bilions on battery factories and car design with financial institutions backing them. So many giga factories starting up/given the go ahead with no raw materials secured, lithium prices going through the roof, lithium miners share prices taking a hit. All that spare lithium at sdv uncontracted. All makes for interesting times ahead. For me I think about the acceleration of electric vehicles coming onto the market, all those battery factories being built that would be costing someone big coin and feel confident that our best days are still to come. We got it, they must have it and eventually they will have to pay.
AKE Price at posting:
$9.23 Sentiment: Buy Disclosure: Held
