ASX Today, page-43226

I've been buying more under 80 cents and now brought my average buy-in price down to 83 cents.

As a risk-reward bet at these prices I think it's worth a punt for those who can tolerate high risk bets, even though it may go lower, and even though the lithium rout may continue for longer.

At some point I'm expecting it to turn, but the threat for lithium companies though, is can they financially survive until the turn, because that is the kicker.

For some, it's probably a 50/50 call, which is very understandable, and objective.

I've thrown a few more quid in under 80 cents, which I'm able to lose, but if they can hold up through the financial downturn in lithium, then they might become one of the (shake-out) winners in the longer term.

I'm looking at this realistically, and I'm prepared to take the risk at these levels. by dipping in with a limited investment.

In any event, it's going to be an interesting watch.
You pay your money and you take your chance.

Gw