Hi,It is difficult to accurately value Lithium explorers.If EFE...

Hi,

It is difficult to accurately value Lithium explorers.

If EFE aggressively acquires exploration licences with Lithium potential and can prove mineable Lithium reserves the market cap can explode.

EFE has the advantage it does not have to worry about any funding.

Buying licences and execution exploration is not constrained.

It is up to management to be aggressive but also diligent.

I believe that Lithium miners will be money printing machines.

They had a great run, but in my opinion it is just the beginning.

The EV revolution does not work without Lithium. Analysts far underestimated the speed of the transition. CHarlie Munger said: "Never follow a fund manager or financial adviser". He is so right. Usually they profit more from the clients' money than the clients themselves.

In January I made the bolt prediction that Lithium spot prices can go up by 100% this year.

They are up already 50%+ in the first 2 months.

Analysts talking about Wesfarmers, NAB, BHP and Coles. The opportunity costs investing in any of these are immense. The concept of opportunity costs should be taught in school. It would reduce financial exploitation and improve capital allocation.

The serious money will be made in the next few years in Lithium and Tesla in my opinion.

K