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3.33% 15.5¢ loyal lithium limited

Ann: MT survey Implies Sedimentary Basin at Scotty Lithium, page-2

  1. steve10
    4,872 Posts.
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    20/03/23
    09:28
    Post #: 66851605
    The sooner the drilling starts the better. MT surveys show there is lithium just need to confirm with the drill.

    LCE 99% price has dropped significantly since November 2022 from 560k CNY per tonne to 262.5k CNY per tonne.

    Along with global bank issues has caused a big sell off in lithium stocks. UBS has acquired Credit Suisse & US Feds injecting liquidity.

    Worst case lithium sector underperforms for a few years similar to 2018-2020 or it bounces soon if market improves.
    LLI Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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