HI Salemf,Yea, it's hard to watch, State street and their...

HI Salemf,

Yea, it's hard to watch, State street and their cronies are really milking the lithium sector , driving prices down with washed/shorted shares. Noone it appears is Safe at the moment, not even current producers getting record prices for their product.

Leo is so undervalued and will eventually return to fair value. Until then best thing is 'bottom drawer' and put the kettle on.

The EV revolution is not going away and will only ramp up further from here, recession or not EV's are taken market share and China is still 'starved' for lithium supply, Chinese car maker NIO has just reported record sales in June despite the covid lockdowns see link below.

https://www.cnbc.com/2022/07/01/nio-xpev-li-report-strong-deliveries-for-june-as-covid-wanes.html

The market will see real value here soon, lithium prices are holding firm despite what Goldman Sachs have said, we just have to wait until they have their fill.

All imo and DYOR
Regards
FINN