Most underrated CEO: Mark Calderwood, Tawana Resources We spoke...

Most underrated CEO: Mark Calderwood, Tawana Resources
We spoke at length with Mark Calderwood several weeks ago and we were very impressed. Like the company, Mark does not seem to be known outside of the Tawana Resource circles. This is rather shocking considering that Mark literally co-wrote a book entitled “guidebook to the Pegmatites.” Pegmatites, are igneous rocks that are often the sources for Lithium (Spodumene) and other minerals.

The Lithium and Battery ETF (LIT) will be further rebalanced:
Toward the end of 2017, the Lithium and Battery ETF (LIT) was rebalanced quite a bit, a move we predicted that would happen soon. We believe that further changes to this ETF will happen in 2018. Some potential names and trends to be on the lookout for - what will happen when FMC spins off its Lithium business? Tawana Resources, a producer in 2018, and Kidman Resources, the newest JV partner of Lithium giant SQM are not yet owned, will they be added? China battery giant, Contemporary Amperex Technology Co Ltd (CATL), has stated their intention of an IPO, how will that affect LIT’s holdings of the company? There will be much to follow with the only publicly traded Lithium ETF - we’ll keep you posted with the changes!

Link to article