Some great tweets there Chris, Reckon there’s going to be a shortage of these critical minerals for quite a few years so pricing will continue to stay strong- imo. The importance of not rushing into offtakes just for a name can’t be underestimated in the current climate- like that Cos like PLS have been inventive and even created their ‘auction’ process to benefit from the ‘desire’ of these battery/car Cos to gain access to lithium.
Been a little negative on the threads of late, and how good did the Co time their raise- because cash is king in current climate! Definitely oversold and underestimated, and really love the steps Co has taken over last 6-12 months. Production in the next couple of years should mean $1 by then, and when Co announces its DFS for stage 2 with increased lithium, and the bromine/iodine/boron, etc, can only see a multi $ share price. Traders will have fun trading, but if you sit on this for 3 years the SP won’t be $0.25, when stage 2 production is being paid for by stage 1, and the Co has multiple offtakes with multiple minerals. Patience my friends- and use pullbacks to grab more- just because!
ASN Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
