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1981Landcruiser

3,768 Posts.

162

15/04/20

06:02

Post #: 44043826
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Originally posted by Theojess1: ↑

I was talking to a sophisticated investor and he told me lithium had huge potential when It was first realized lithium was a very important component in the battery revolution but with more in depth analysis they realized its everywhere and there is no shortage in supply for at least 100 years.

With minerals in terms of batteries its such a small part in terms of weight that it wont be an issue for a long time so the main focus is nickel,copper and maybe we could get a solid state battery so cobalt will be the one.

Lithium spiked on speculation but education on the topic was realized that these Lithium stocks have a long time before they become brought back to these valuations..

I see a nice sloooooow grind further down to 65 cent because The Great Theo has used TA and FA to realize that this price is fair value.

Cheers guys

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GXY Price at posting: 82.5¢ Sentiment: None Disclosure: Not Held
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