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08/02/21
21:44
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Originally posted by Semillon81:
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The question posted had nothing to do with short term technicals. ASN is primarily a nearology play with CHN, however the fact that they also have lithium exposure elsewhere really seals the deal. The fundamental reason is we are seeing a shift in the economics of moving stuff and people, oil is finally on the way out and electric vehicles are in (look at the various commitments by governments around the world, especially in car producing countries such as Germany to phase out all new petrol/diesel in the not too distant future). For this reason LPD are worth a look both for their lithium project over in Africa, but also because they hold patents on new lithium extraction methods. That technology has already been licensed by and successfully tested by a partner and gives a second reason to back LPD.
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I've just looked at LPD as well. You are absolutely correct. Another solid buy according to my own chart analysis. Low risk, very very high ceiling. Together we stand. GLTA.