ADV 4.00% 13.0¢ ardiden ltd

Lithium future demand looking very positive for years to...

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    Lithium future demand looking very positive for years to come!

    Gold may have plenty of upside?, my thoughts:

    - Countries faced with currency devaluation, some have been buying up gold to maintain their USD real value reserves - not sure how many countries have been doing this?, it must be helping the Gold price & limit any downside.

    - Then inflation is pushing up input costs, this will place pressure on marginal miners - if Gold doesn't move North?, I'd expect some Gold miners to get into financial difficulties? Then lower World-wide output & costs pressures may be very supportive of higher Gold prices?

    - Target US failing to meet estimated profits by approx. a third, combined with high warehouse inventory levels - is this an example of businesses buying up to avoid shortages of supply? OR are consumers pulling back with the threat of rising interest rates & stock market gyrations? Perhaps a bit of both - suggests at some point, Target will need to clear their warehouses & this will likely favour consumers, but not help improve targets profit performance until the market returns to some form of equilibrium.

    - The World moving faster towards EV's & Wind-power reinforces in my mind, Lithium producers have a very bright future! I do wonder what the cost to MV manufacturers OR their engine suppliers will be as they migrate from combustion engines to EV - perhaps consumers will bear these costs? The speed of these changes will only ramp up for many a decade!

    Where will these changes take ADV into this EV & Wind-power revolutionary age?
 
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