SI6 16.7% 0.3¢ si6 metals limited

Ann: 3km Pegmatite Discovery in Lithium Valley & Board Change, page-40

  1. 11,165 Posts.
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    Agree, further REE assays and distancing ourselves from lithium!

    Lithium is dead and buried now IMO, the EV fad is finished. Other technology coming about. Anyway, there has been such a focus on exploration and companies moving to production in recent years, that the demand will always be met now - even if EV's did get popular again. Therefore, we will never see the crazy Li price rises we saw a few years ago, again.

    REE on the other hand is a different story. Very diverse and utlised in so many applications, also incredibly important as our technology advances. Look at WA1 today, up 27% to over $20. The market loves it!

    Keep the REE newsflow coming and this will re rate enormously in the back end of 2024 IMO. Only 2 more weeks of tax sell time too, then the resistance on the sell side should start to ease a bit.


    Last edited by coto: Wednesday, 19:16
 
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