Let me do a quick calculation, correct me if I've missed anything. Lithium I've seen from anywhere between $13k to $24k per tonne so use your minimum 11,000tonnes x $13k (use minimums here for argument sake) =$143 Mil !!! What I think is really happening is every mum and dad investor bought lithium stocks last year. The big end of town cant have mum and dads getting rich so they will depress the stocks, scoop them all up for a bargain. And then they will allow them to take off. Electric everything is coming and lithium is needed and a lot of it.
Stay strong dont let the big boyz take your shares on the cheap. Heck I need to top up if they get any cheaper.
ASN Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
