if you follow many bubbles, most of the lithium stocks, will follow the path of the graphite stocks before them imo.
I heard one analyst suggest that the top three lithium producers have enough production to meet supply for the next 25 years.
As soon as one or more of the graphite developers dumps their new supply into the market, the price of the graphite will collapse to a point where only the actual producers, with low overheads will survive.
Rock phosphate was a rage in 2007-8 as well, MAK went to the stratosphere and crashed back to earth, when the price of rock phosphate did the same. Dominated by the existing world production monopolies.
Uranium bubble was slightly different, but its price has collapsed since the japan reactors melt down.
All these commodities have a future, its about who in the exploration bubble list will be there when the dust settles.
In a bubble, it is the fantasy price of the commodity that fuels the bunnies into the furnace.
At which time, people who want to be entertained, to the likes of Sunfly, Divan and many other regional prospects, will be growing their clientele as Netflix, and SMule did before them. And our revenues will be broadening and climbing. Our growth will be on a sustained and broadening partner list. Hopefully all those who invest with us, will see good long term returns, at all points of entry.
TV2 Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
