LU7 10.7% 1.6¢ lithium universe limited

Its possible we've seen share price low given we've got 2 macro...

  1. oke
    3,401 Posts.
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    Its possible we've seen share price low given we've got 2 macro tailwinds this week
    - COP28 pledges likely turned into action... unless its all hollow promises. On balance Canada could will step up and forge ahead with building vertically integrated lithium industry to service 'exports' to the US car industry
    - US Fed signalling 3 rate cuts next year !!!

    Is this where the lithium sector makes a reversal ??

    Looking out ahead no ones talking about the electrification of Africa ..EV's and storage. Mobile phones spread like wildfire and Kenya had the worlds most advanced mobile payment system ( MPESA) Bezos tried to buy it recently, all because the banks were corrupt ( tellers stole out of accounts and not enough bank outlets to service population.)
    African Electricity is very patchy for various reasons ,,, storage via Lithium batteries would be ideal solution.
    Alot of the third world could be given massive loans to electrify their economies

    Then theres the rebuilding of GAZA and Ukraine by a consortium of countries and it will be all the latest renewable energy infrastructure.

    I'm feeling hopeful..this is the turning point for the lithium sector or close to it

    Last edited by oke: 14/12/23
 
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