Lots of good info and opinions in Rock Stock Channel's latest newsletter linked below.....
including Howard Klein's opinion that: "RK Equity has been reluctant to call a market bottom, but valuations of select lithium stocks have fallen below replacement value and now look significantly oversold. It’s time for investors to sharpen their pencils and look at absolute and relative value across geographies and lithium types and to prepare for a potential doubling or tripling in lithium price in 1-3 years to $20-25K."
We are now in month 31 since November 2022’s peak. Which is three months shy of the 34-month boom/bust from January 2018 $23,000 top to November 2020 $5,000 low. Will history rhyme?
Also included is a link to their Ken Hoffman interview I posted previously....where Ken, McKinsey's former experienced lithium analyst, highlighted robust demand for lithium, driven primarily by innovations in battery pack technologies and significant growth in stationary energy storage systems (ESS). The discussion also touched on prominent developments in Saudi Arabia and the evolving market environment in Chile, illustrating shifts and potential opportunities within the lithium sector.
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(20min delay)