by the term ‘bubble’ it’s based on the frenzy to acquire positions in quality projects. Just look at the Aust billionaires that are putting up huge money for projects in some cases years from production needing 100’s of millions in capital.
thats how I am basing the Li space as a bubble. Fomo exists for everyone at some point no matter how much you have, and maybe just maybe the last penny to drop to signal the end of the bubble frenzy will be when BHP announces its entry to the Li space. Then it’s time for us retail to sell and move out of the sector.
just my thoughts in the investing space.
WC8 Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held
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