When is this doggie going to start barking about Lithium? Surely with all those brines floating about under all those salt lakes there must be some Lithium to be found? They are trying the high purity silicon play and that has a good future if they can prove up any HPS, but the hot money is in Lithium at the moment. The hot money might stay cooking in Lithium for some time as the S&D dynamics look like favouring that commodity for the time being.
These type of stocks need to be barking at the right time. Fertiliser is going to have a good future, but nobody is overly excited about those prospects at the moment. That might remain so for some time yet. So RUM a tum tum needs to beat a new drum. Regardless that Lithium is one of the most common elements on the planet it is the story that is easiest to sell right now.
Explorers wanting to become developers need to sell a story before they can sell the resource. I'm taking a punt on this little doggie based more on gut feel than anything else.
High risk high reward. Woof woof.
Cheers
