AKE 0.00% $9.83 allkem limited

When investing in lithium miners or any company, the golden rule...

  1. 167 Posts.
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    When investing in lithium miners or any company, the golden rule for me is...are they established and what is the balance sheet looking like. I learnt some valuable lessons and dodged a big bullet:

    Kidman Resources - I was saved at the last minute by the acquisition. Yes this may of recovered now but at the time I was not sleeping
    Boart Longyear - Well...I would have the top of the range Tesla in my garage with the amount of $$$ I lost in this company and it is still struggling even from the global mining recovery in the last 5+ years...A good management team is also a good point of interest I closely look at.

    I am keen to hear from others though.....
 
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