Lithium went through boom, bust…. And now boom times. Look at PLS as a good example.
Metals driving decarbonisation will follow the same route over the next couple of years. Anybody that has lithium, copper, nickel, cobalt, uranium (yes, uranium) will be in the driver’s seat. This wont happen overnight though, patience will be required and there will be ups and downs.
ENR offers great exposure to most of these metals, if not all. And as an early exploration play, the upside is potentially unlimited. I agree, the board is top-notch, and the interest of majors such as BHP, S32 should not go unnoticed. Neither of them would get into bed with your typical ASX dodgy junior explorer that creates a lifestyle for their board members out of perpetual cap raises.
ENR is flying under the radar, for now. I am accumulating while it does - the reward will be there in future, but just not tomorrow.
Patience.
ENR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)