Unless the world decides to do an about face on the current energy transition, and keeping in mind that it’s likely to be a 10-15 year process to iron out kinks of any alternative (of which there are currently none) in order to move to mass production, there will be a future supply-demand deficiency. It just won’t be tomorrow, the next year or in two years time. But I’m cool with that as WIN should be growing their under-explored Li resource. They don’t have the balance sheet to develop anything beyond a resource. But I actually think that’s a good thing! It should ensure management focus and a drive to rationalise costs.
WIN Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
