I own both LYC and IGO and would suggest that they have the same share price drivers (BEVs) and perhaps also the same cohort of risk/reward investors in common and that could result in very similar trading.
IGO is an interesting play imo for its resilience of resources. While I've left largely cobalt-reliant companies, I like finding companies with what I think are attractive risk/reward futures. I have accumulated quite a bit of IGO on the ASX, don't even know if they have an ADR actually, but technicals started to look up imo of late and I've been a buyer.
GL
LYC Price at posting:
$8.58 Sentiment: Buy Disclosure: Held
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