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I won’t be surprised if Tom sold more > $2 now that we are not...

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ANTON707

2,810 Posts.

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07/05/22

07:46

Post #: 61262298
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Originally posted by HaastsEagle: ↑

So what does the Lithium thing look like now:
1. Talk starting to emerge that unless companies are producing quickly they may miss out on windfall prices as surprise, surprise, supply will start to meet demand in fairly short order.
2. Cashing out some of the shares at over $2 is looking smart.
3. Cash upfront is looking smart.
4. Double exposure to development risk is looking a slightly less attractive proposition than funds to buttress a more "chaos-friendly" commodity in gold.

Not that I am trying to be a smart-alec... I still recognise that either individually or collectively an opportunity went begging; just making the point that as a medium-term approach the BRB direction always had some logic to it.

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I won’t be surprised if Tom sold more > $2 now that we are not obliged to disclose

BRB Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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