Lithium market is starting to gain some real momentum again with Tesla and BMW deals close to be being executed.
Gangfeng +10%
Tianqi +10%
Lit etf +4%
Would be a perfect time to drop positive LCE results to solidify LPI as one of the best pre production li companies worldwide. Sqm supply news and macro events have made the market edgy lately and more emphasis will be placed on quality projects that will actually make it to production of BG LCE for hungry end users.
Most hopefuls won't see light of day and the next lithium run will set the wannabes from the real deals imo... I'm betting big that lpi will be part of the latter. Big money still underwater from 55c raise, won't take much to break above that with some good news + positive market sentiment. Lpi holders been battered so many times in the last year but I can only see it getting better from here. Gl all!
LPI Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
