LEL 4.03% 32.3¢ lithium energy limited

LEL Chart, page-745

  1. 920 Posts.
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    I think it’s time to just place my LEL shares into the bottom draw and wait until sometime in 2025 for the price of lithium to turn around. In the meantime we can only hope that the management continue to develop a LEL carbonate facility over that period. Any facility was not going to be up and running in the next two years regardless of the price or lithium. Perhaps we will be in a more developed position in 18months to two years when most analysts are saying demand will return strongly. The very real down side is dilution or partnerships at these low SP will hurt holdings. Good luck all. Try not to stress about it.
 
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