https://www.livewiremarkets.com/wires/vw-s-ringing-endorsement-of...

https://www.livewiremarkets.com/wir...tralian-lithium-highlights-sector-s-potential
VW’s ringing endorsement of Australian lithium highlights sector’s potential

The German giant this week named hard-rock lithium, such as that from WA, as being far more desirable than the South American brine-type. Plus, it loves Australia. The comments were a welcome tonic for the still-recovering ASX lithium miners..........................

Canaccord Genuity is one of the few to have deep knowledge on the sector and what it means for equity values.
Below is a rundown on its Australian coverage, the interest being the difference between current share prices and CG’s target prices:

Altura (ASX:AJM). Trading at 12.5c (down 10% year to date) compared with CG’s (unchanged) target price of 13c.

Galaxy (ASX:GXY): Trading at $1.85 (down 14% year to date) compared with CG’s (unchanged) target price of $3.70.

Kidman (ASX:KDR): Trading at $1.36 (up 24% year to date) compared with CG’s (unchanged) target price of $2.15.
Lithium Power (ASX:LPI): Trading at 20.5c (down 21% year to date) compared with CG’s (decreased) target price) of 45c.
Orocobre (ASX:ORE): Trading at $3.45 (up 7% year to date) compared with CG’s (increased) target price of $6.50.
Piedmont (ASXLL). Trading at 15.5c (up 77% year to date) compared with CG’s (unchanged) target price of 30c.
Pilbara Minerals (ASXLS). Trading at 70.5c (up 13% year to date) compared with CG’s (decreased) target price of 80c.