Regardless of what has happened to alot of lithium exploration companies over the last 12 months with the market falling significantly, the shift to electrification is not changing, it is mandated and not going anywhere, lithium is vital for the ev and will again bounce back in the next 12-18 months. Mr Dunn knows its time to accumulate and he knows where the lithium market is headed in the next 12 months and we're it will be for the next 30 years.
The world has agreed to go green, the only vehicles to be manufactured in year's to come are going to be electric and lithium is a necessary element to that.
As an investor I'm happy to take a risk with iec, it has holdings in great areas, reasonable land size and a director who is prepared to put his hand in his own pocket to invest in the company.
If you believe the EV era is not going to happen then invest your money in a different marker, if you believe in the EV industry then invest in lithium producers and explorers like IEC and just be patient
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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