Very interesting market atm. I'm not seeing tax loss selling, rather profit taking, specially on the critical metals exploration side. Does that mean some who have booked a loss are taking profit now because that profit is then tax free. Whatever, I'm pretty sure we are going to see some lively movement in July August (if there are enough drill rigs to go round)
Lots of very good comment on this RR1 thread - I'll speak for the many quiet HCers and say 'thanks'
Here is my Two Bobs Worth.
We are here for the lithium, but do not underestimate the Niobium. It now finds use in Li Ion batteries to increase charge and charge rate - only very small amounts are used and will be for the upper end EV market. The traditional market for Nb, as a hardener in steel (making it stronger) is limited by availability, so if Aus can supply more it will be snapped up. By adding (in the order of) 1kg of Nb to the steel of an automobile the amount of steel used is reduced (in the order of) 100 kg.
For background Google this line to read this mornings Stickhead report
