I was almost a buyer in the 90-cent range, but once it crossed over $1, I thought, "Nah, too expensive." At the time, I believed in the company's timeline and costs. Maybe not as bad as Elon time, but I thought it did look promising. It turned out to be fiction. It wasn't optimism but lies. Now, it's 4.7 cents, and next, 3.9. The only Hail Mary is a massive rise in lithium prices, which may happen, but I wouldn't bet on it. But just consider the large number of existing lithium mines in care and maintenance, or limited production, already developed, just needing to be ramped up. They don't need new power lines, don't need to prove as-yet-uncommercialized processes, plants, or water.
LKE Strategic Partner, page-414
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| Open | High | Low | Value | Volume |
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