Isn't Simon already involved with a company doing that - some big fund buying battery mineral company stocks?
TBH I don't see many cheap existing producers, even with the lithium price in the toilet, lithium producer stocks still frothy as holders wait for the next run. PLS for example is trading massively over any remotely decent PE valuations, doesn't pay a dividend, little chance of one in the next 18 months....Be fkn funny if they resumed trading this year with a minimal project, the share price obviously goes down to 22 cents or so and the company then buys back it's own stock at big discount to (eventual) cash backing (based on GF money and cash on hand), then winds up next year getting all LT holders some good value for holding on a bit longer.
Where can I vote for that plan please?![]()
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