Most lithium mining / exploration companies are doing well in the last couple of days since the temporary down turn over the last few weeks. At 50c we are back to the level before the latest political gesture 10 days ago:
ie.
https://zpravy.aktualne.cz/ekonomik...2611e883510cc47ab5f122/?redirected=1520919519
- The cancellation of the Lithium Memorandum with the Australian company European Metals Holdings (EMH) is a political gesture. The analysts, who today approached the CTK, agreed. They recall that EMH still has a preferential right to mining, which was also confirmed by the Department of Industry and Trade. Minister of Industry and Trade in Deputy Tomáš Hüner (for YES) said on Thursday that he wants to terminate definitively the various misinterpretations and speculation that were made around the memorandum. "LITHIUM has become a pre-election issue and the government now needs to keep a clean face before the voters.
EMH is not threatened due to expulsion of the memorandum according to analysts, According to BH Securities chief economist Štěpán Křeček, resignation from the memorandum could calm the excited atmosphere and start work on the analysis of the profitability of mining for the Czech Republic.
At 50c we are still the most underrated Li co on the planet by many multiples!
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