Australia's largest stock trading and investment forum Australia's #1 stock forum

BRB

Click for more information

0.00%

47.5¢ breaker resources nl

Hi HaastsEagle, could you share your source on point 1?...

First 43 Last

Share
Profile

Follow
PutSauce

532 Posts.

296

07/05/22

08:24

Post #: 61262545
Share

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.

Expand

Hi HaastsEagle, could you share your source on point 1? I've been seeing much the opposite of late, so I am curious to have my understanding challenged.

BRB Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

RBA holds rates as ALP election campaigning kicks off – expect more political focus

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

There are more pages in this discussion • 47 more messages in this thread...

First 43 Last

Add BRB (ASX) to my watchlist