IR1 0.00% 32.5¢ iris metals limited

Hey, let's think of something positive to say - hit ignore if...

  1. 9,992 Posts.
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    Hey, let's think of something positive to say - hit ignore if you cant tolerate mild criticism.

    Remember why you bought here, first modern mover in a prime USA Li mining area -

    And known results from Beecher, and more soon - and other projects forthcoming.

    And a Li product market which is hugely down trodden -
    Consensus is that major industrial consumers bought up a stockpile then stopped buying when China subsidies on EVs were withdrawn. There are always commodity cycles in raw materials like iron ore, coal, copper etc - and Li is no exception - but rather because it is a new commodity the cycles are magnified.

    As Buffett said - if you liked the stock at $10 why would you not like it at $1, if fundamentals are the same.

    ps Sure we need news - hopefully the Q report will help.
 
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Last trade - 07.00am 09/05/2024 (20 minute delay) ?
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