Lithium trickle-down turns into a flood, but there’s still a few forgotten juniors
BARRY FITZGERALD
Independent Journalist
Gold juniors Breaker and Caeneus are among those with overlooked lithium assets in their back pockets. Plus, copper spotlight turns on $26 million Anax and Sunstone makes a promising start to porphyry drilling.
The lithium sector remains on fire. So much so it has made it easy for analysts with their stock recommendations on the producers – buy the lot of ‘em.
And that’s exactly what has been happening, with particular gusto too since Pilbara Minerals (ASX: PLS) revealed its first online auction of spodumene had gone off with a bang at $US1,250/t – more than double reference prices of earlier in the year.
Joe Biden’s command – via an executive order – for electric vehicles to account for at least half of US auto sales by as soon as 2030 added fuel to the fire.
JP Morgan was one of the big-name brokers to adopt a “buy the lot’’ stance on ASX-listed lithium producers.
https://www.livewiremarkets.com/wir...ood-but-there-s-still-a-few-forgotten-juniors
I don't hold the other stocks mentioned above but the last sentence gives a clue going forward...all good imo
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