I would be very nervous holding a stock which relied solely on 1 commodity.
The lithium hype is almost at fever pitch. That doesn't last doesn't bode well for stock performance, no matter what lithium asset they hold.
We're seeing this now. Spot price is down, most factories already have sufficient stock. Hence demand down (for now). You'd think they would start to restock soonish, but having said that ev demand is levelling/falling. Still a bit to play out here imo.
Very happy we're drilling for something else
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