WML 0.00% 0.3¢ woomera mining limited

With the global promotion of electric vehicles, lithium has...

  1. 90 Posts.
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    With the global promotion of electric vehicles, lithium has become a scarce means of production, which pushes lithium into the golden week. Many large lithium battery manufacturers buy lithium resources everywhere in the world, or invest in companies with lithium resources for development, and sign a long-term purchase agreement of lithium ore to ensure the supply of lithium ore.Since this year, the share prices of many companies with lithium mineral resources have skyrocketed along with the rise of lithium mineral prices. For example, EFE and CXO, which are invested by Yahua, a Lithium electric production enterprise in China, have risen rapidly, and the share prices of AZL, ASN, AGY, LKE, PLS and many other companies involved in lithium minerals have risen continuously.In view of the scarcity and long-term nature of lithium ore in the future, I think the company has so many high-quality lithium ore resources, so it should take advantage of this favorable opportunity. It can take large-scale lithium electricity manufacturers to join in the joint development of lithium ore, and take the dual main business of gold and lithium ore development, which should be the best choice to maximize shareholder value in the long term.From CXO, PLS share price trend can be seen very clearly.The divestment of lithium is not value maximization, it is only a one-time income.The board of directors should improve efficiency, speed up the pace of strategic review, clarify the direction of disposal, seize the current golden opportunity to maximize the value of lithium resources as soon as possible, so that shareholders can enjoy the real maximum value and enhance the value of the company, otherwise it is a waste of resources.
 
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