I'm still coming to grips that we broke out and closed at 37c...

I'm still coming to grips that we broke out and closed at 37c today.

This is more significant than many people realise and in more ways than one.

All ASX Lithiums are prime for TO offers in 2017 primarily as the sector has largely been held back and returns are going to sky-rocket in the very near future.

Australia and the ASX is mining heavy (as opposed to technology heavy) and global players will drift their eyes onto us by natural demand needs.

As market sectors mature many smaller players amalgamate with each other or get bought out. This is normal. Whether we buy someone out or are bought out, the sector as a whole benefits.

2017 is going to be a very exciting year for lithium players and I wouldn't be surprised if come Q1 next year Macquarie do a back flip and pronounce there is no oversupply concerns, and their clients should now buy! (else many clients may complain why they missed the boat on MAQB recommendations to avoid).

Exciting times ahead!! Hold tight.