Dark days. It’s hard to be objective when you have millions of these little suckers bought at $0.30+ and it is your biggest holding.
That said, imo the fundamentals look good as long as the electrification of the economy continues as it appears to be doing. I’m yet to find a single quality article which gives a reasoned view why vast demand for lithium batteries will not materialise in the next 3 years. Nor have I seen any intelligent commentary suggesting that there will be enough supply to meet that demand.
A40 Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
