AZL 4.00% 2.6¢ arizona lithium limited

Lithium Sector as a whole is moving finally... Lithium ETF broke...

  1. 24,192 Posts.
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    Lithium Sector as a whole is moving finally... Lithium ETF broke downtrend some time ago. Majors picking up 1st and dragging up juniors now it seems .

    Its gotta be the worst kept secret in the world that Lithium demand is destined to explode/rocket over the next few years and decades even. If you can afford to get decently set in the right stocks now and sit on them till the inevitable rush and beyond that then your looking to an early retirement perhaps for you (...and maybe your kids). Think like your buying an Oil stock in 1910 prior to the oil rush caused by ICE cars...

    As far is my research goes almost every realistic battery tech being developed now, and therefore, that will dominate of the market for next 10-20 years will have Lithium in it.

    Have been measuring up several Lithium Jnrs recently to see which ones fit with my overall strategy.

    The fact that this one is domiciled in the west side of US and looks to have a large resource is very favourable. Lets see if they can trial and get economic extraction. If its not economic now it surely will be soon with the a steeply rising Lithium price. Current SP price is v.Cheap IMHO.

    So decision time for me shortly either way
    Last edited by Freehold: 14/01/20
 
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