All this dropping is such low volume trading thats it'd really masking the reality. The reality is we have a 100 percent ownership structure. We have spinco assets and yea we took a beating like the rest of the lithium stocks. Does they change the investment rationale?
To recap 1) in production mine making money! 2) significant margin 3) and most importantly acreage. This is why I bought TAW (along with pls, gxy, ore). Mark calderwood wrote the book on WA lithium so rest assured there is a gold mine there 4) lithium is the future oil, we just need more tradeable commodity and platform for the punters to drive the prices. These things are coming soon.
You cannot deny the momentum in electric vehicles. To be in production now is gaurenteeing significant profits until the deficit supply comes on board (circa 2022)
My advice, don't let a low volume drop hide the true valuation of your
A40 Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held