LKE towards TOP-5, page-5620

Hey Rocket,

Scott Phillips has been talking down LKE since before 10c….and, like a few others (e.g. John Deniz and a certain puddy cat who will remain unmentioned), has got it very wrong.
You would think he’d have learnt something by now as LKE keeps coming up!

The release of Albermarle’s latest numbers overnight are clearly showing how positively the increased Lithium price is affecting the bottom line for Lithium Miners. Up 9% during trading hours and a further and another 17% after hours….and they would no doubt have a lot of their sales volume going out at lower, previously contracted rates. Just imagine what their numbers would be if all of their volumes went out at freshly contracted rates! The projected deficits will ensure that these higher Lithium prices are around for a very long time yet.

I hear Elon’s words about printing money and 90% margins ringing in my ears!