Given the economic climate and the state of the Li sector and prices currently, this has been a fantastic report.
Further highlights that we are trading a PE far lower than our peers and will only continue to make more as we bring more production online and Li prices begin their increase once more.
Way WAY too many people on here crying about a potential 5%-10% drop of the SP at open tomorrow.
Was this even a surprise? We saw AKE and MIN have similar report, but with far less money and prospect for the future.
Crazy how people can sit on this forum, call themselves investors but have a whinge when a SP goes down 5-10% even though the fundamentals of the company have never looked better.
Not to mention you have some people crying about SP appreciation and how the MC doesn't match up and we need the SP to match the fundamentals blah blah blah. This stock has 23 x in the past 3 years and paid a dividend work 33% of the SP price 3 years ago. Sometimes there will be months, where a stock won't go up. Especially when the resource you sell has gone down temporarily.
People need change their time horizons for this stock from a couple of months to a few years. This company will make billions and tens of billions as we produce more and Li prices go up period.
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