If you are concerned about the falling SP and feel the need to sell, go ahead. Not me.
-Alb has been denied production increase by Corfo (Chile).
-Sqm to increase production by three times in Chile? Not a chance, think Alb. Duhhhh. They sold 25% and invested in KDR, why? They know the increase is not possible. Hellooo....
-Miners are allowed six time the amount of water the aquifer can support. Not possible. The land would collapse and people die from thirst.
-The big lithium miners are raising funds, where will juniors get funding to start? The local ATM perhaps.
-Fifty mega, now tera factories are planned, where are the minerals coming from? Mega and tera is the batteries wattage they plan to make, the projected required.
-Evs infrastructure are increasing, why? People are moving away from ICEs. The savings are at break even after 5 years, at 10 years enough to buy a new EV for free.
-Power suppliers are installing battery storages, homes are going off grid.
-Glass, lubricants, medicines, tyres etc, women need their makeups.
-Saudi wealth fund to invest $600bil in the next two years in renewables.
-countries like Sweden,norway etc will ban petrol and diesel cars by 2030.
-Short seller are driving down the SP? that's their gamble, the hope retailers and other funds sell out of fear. But the biggest banks are investing in lithium, just follow the smart money.
Haven't been posting, too busy shopping for quality lithium stocks at a discount.
GXY Price at posting:
$2.37 Sentiment: Buy Disclosure: Held
