They explicitly exclude lithium:
And they strongly emphasise how expensive they think stuff is:
They're not doing anything quickly in other words, because they don't want to buy the top.
The last "peak" in the copper cycle took 6 years to unwind. Same with tin. This assumes history repeats, which it doesn't. It also assumes demand destruction and substitution, which misunderstands the electrification dynamic.
Ann: 2021 AGM Chairmans Address, page-10
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Last
28.0¢ |
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Mkt cap ! $47.08M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 28.0¢ | 25.0¢ | $44.44K | 166.8K |
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| 1 | 9213 | 25.5¢ |
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| Price($) | Vol. | No. |
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| 28.5¢ | 40098 | 1 |
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| TLM (ASX) Chart |