Agreed. It’s the fundamentals (massive) that keep me holding . I can’t see downside or near term upside but I can see huge long term upside so I continue to hold with a patience Warren Buffett would be proud of.
I have a few fears ... mainly preserving cash flow and a HTO but I don’t think either of these are likely especially as NF will now probably get financial support with met test results which should start to roll off shortly - 1 month?
The other good factor to abate funding fears is the apparent halt to decline in Li price and sentiment . It seems that from now on everything is likely to move north ... maybe slow at first then pick up to a trot in 2020. I would not be surprised that pre-emptive positioning move Li quicker than we expect given the ev disruption becoming more widely accepted as inevitable by the day ... literally . We now have Ford and vw partnering to build their own batteries . Manono owners (IMO) could control Li . Why no one trying to buy Avz now baffles me ( really) . Maybe they are !!
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