I will post this here, because I think the stock is held by those willing to think, and less likely to be posting with thoughts only of their pockets.
In my view, Tesla will NOT be buying into any Lithium explorer stocks.
Musk expressing a desire to get into Lithium is much more likely in my view to play out in their investing in or acquiring those that turn Lithium into Lithium Carbonate or Lithium Hydroxide.
Not miners or explorers, but producers.
I'm think there wont be any effect on my best two Lithium stocks, JRL and GL1 - but there MAY be an effect on my NMT in the longer term.
Not sure there are really any stocks on the ASX That you would class as producers - although this mornings news from PLS is going to shift them in that direction.
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Price($) | Vol. | No. |
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0.285 | 1683 | 1 |
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