The majority of the lithium sector took a hit today.
I posted this in another LRS thread:
In September, the AFR published a story on why lithium producers should be invested in:
http://www.copyright link/business/mining/...-to-buy-asx-lithium-producers-20170914-gyhysv
Four months later, the AFR are suggesting spodumene (processed into lithium hydroxide and carbonate for batteries) price will peak in 2018:
http://www.copyright link/business/...ak-as-australian-exports-soar-20180115-h0ihps
The EV revolution is not magically going away. I'm holding options and will continue to do so. I suspect the heads will consolidate between 1.2 and 1.7c for a few weeks.
LRS chart, page-29
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