All In opinion:
Global Trade jitters are overcooked to downside and priced in. Perhaps market is moving ahead now and over the drama.
Tesla was also up over 8% overnight and futures look towards it going up again. Bottom looks to be in.
Perhaps bottoms are in for Tesla, LIT and quality Lithium producers of hard rock Lithium.
Any major miner / industry major who has not jumped on opportunities to accumulate any Tier 1 resource / lithium producer at these last bargain basement prices needs a reality check? WES, good for you on KDR. Congrats to all on that one....
Window of opportunity closing on the entire sector as global lithium demand ramps up, MCs increase as profits flow in the industry and the globally significant tier 1 resources are known and clear.
If you snooze you lose!
Happy PLS holder here..
SP nearing gap in 60s (even though there appears to be a gap up on the way past 80c)
The question is: "Is how much is 49% is worth of a derisked Tier 1 lithium producer?".
Wouldn't like to be holding short on this one. At anytime an announcement will launch the SP.
Party is only getting started in this sector.
Good luck all.
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All In opinion: Global Trade jitters are overcooked to downside...
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