Delta Lithium General Discussion, page-1701

......

"

In a note to clients in late September, Macquarie said there were buying opportunities across the lithium sector, identifying 16 ASX-listed stocks with an “outperform” rating.

They included Mineral Resources, Pilbara Minerals, IGO, Allkem, Argosy Minerals, Global Lithium Resources, Galan Lithium, Piedmont Lithium, Sayona Mining, Atlantic Lithium, Leo Lithium, Iluka Resources, Lynas Rare Earths, Core Lithium, Meteoric Resources and Patriot Battery Metals.

“Lithium names under our coverage universe have seen share price declines over the last few months, reflecting lower lithium prices,” the note said.

“We believe this is a buying opportunity for investors, especially the ones who look past short-term volatilities, to increase their exposure to a critical mineral at an attractive price level.”

However, lithium stocks are also some of the most shorted stocks on the ASX, which means sophisticated investors are betting on them dropping in value.

"
......

"Battery boom leads to a new wave of sharemarket winners" (Tom Richardson Journalist Oct 6, 2023 – 5.00am)
https://www.*afr*.com/wealth/personal-finance/battery-boom-leads-to-a-new-wave-of-sharemarket-winners-20230921-p5e6mb
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Core Lithium has a MRE of some 30Mt @1.3 Li2O (of which their separate BP33 deposit (10Mt) is not into mining/production yet). Their Mcap was sitting at around $900m just couple of days ago if im right (from circa $2.4b its peak late last year). Delta's Mt Ida alone is now 14.6 [email protected]% Li2O, guess will be in a much better position once it's into production late this year (if things are as planned!). And Yinnetharra (It’s Big as per David) is not even included here yet. Aimho.