Hey, everyone, nice to hear that sound of quiet confidence, no white noise on the LIT threads!! Price of entry into LIT is going higher currently 24c (the partly paids too, they are 3.5c), those seeking to do damage are happy too -but disappointed LIT is on the up.
Now LIT has put itself into a clear strategy position over the next couple of years and beyond with the development Si-leach LSPP in the New Year (not forgetting their licences for L-max), the VSPC, the recycling plant for lithium ion batteries adds to their complete life-cycle of integrating its plan for lithium battery production down the track. The Electra Joint Venture - their neighbour's share price Bacanora (BCN) making new highs in America-, and LIT's strong cash reserves to fund the programs makes for a good future given a continuing increasing demand for lithium as battery producers seek new supply sources.
Source:https://www.iea.org/publications/freepublications/publication/GlobalEVOutlook2017.pdf
LIT Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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