Good News & Bad News, page-26416

This is worth a read. May have been posted already. A lot of posts today and I haven't checked.

https://www.copyright link/markets/equity-markets/citi-says-lithium-prices-to-rebound-liontown-bid-forces-short-squeeze-20230327-p5cvqg

"Ms McCutcheon said lithium stocks under Citi’s coverage were generally not expensive, with Pilbara Minerals its buy-rated preference because it was a simple growth story and its key Pilgangoora Mine boasted the best operational performance.

“The producers are trading on sub-0.8 times price-to-net asset value,” she said. “It’s [Pilbara Minerals] the most leveraged to pricing, so if I were to track spot prices to equity performance, Pilbara is the one that correlates most strongly, and it’s delivering the highest free cashflow yield across my gold and base metals coverage.”