Stating the obvious if macro's keep trending as present or break to upside the game will change a little bit.
(In Li Co space)
Money inflows atm highly influenced by 'time to market' and to lesser extent resource size and quality.
If the above marco (price) trend continues the money will discount 'time' and put a premium of 'whats in the ground' and to lesser but still significant extent 'what we think is in the ground', it will never discount risk but let's say will be more open minded.
The money will start to re rate resource value.
Stocks like 4ce, LTR and obviously AVZ should not be dismissed as 'over brought', In Co space take another look at AML.
This from a person who reduced exposure to Li Co space over last couple of weeks![]()
Disc; added to AVZ holding today and still hold few of the others..
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Stating the obvious if macro's keep trending as present or break...
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