IR1 0.00% 18.0¢ iris metals limited

IRIS General Discussion, page-432

  1. 10,646 Posts.
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    I agree the lack of recent news seems to be putting the sword thru this stock - but the big picture is more important - and it is in play.

    The idea is to drive most mines to closure and stop any new development - then China or some other big player/s step in to develop the worlds lithium supply in Africa / Brazil etc.
    Li price will be manipulated down as required.

    This is the way of the totalitarian capitalist countries - but will the free market tolerate it ??? - It did not work for aussie iron ore, or thermal coal, or even lobsters and wine.

    IMO this is where China gets a big bloody nose. Meanwhile we suffer, and the only thing to do is hold our ventures

    Recall

    "There is a tide in the affairs of men which if taken at the flood leads on to fortune" -- Shakespear.

    Not advice - wait for the tide !!
    Last edited by JandJ: 23/01/24
 
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