With current sentiment I agree. However, I remain optimistic that these tenements can produce something of value. I am particularly interested in the brine and the gold pictures in last ann looked promising. No quick returns here however, a change in sentiment could see the market rerate.
I belIeve sentIment has turned. I am on my ph so cant put In lInks to artIcles however to paraphrase SQM failed to hit their production targets this year with Chilean Govt restrictions and issues with production only hitting 44000 tonne instead of expected 55000 tonne. Also prices were in the vicinity of $16500 USD up from $13500. The CEO was also quoted as saying demand was also unexpectedly up 25% in 2018 and expecting this to increase into coming years.
I also saw that Year In year ev sales In Oct were up 89% sIgnIfIcsntly hIgher then predIcted.
Also note that VW Is pumpIng 40 bIl euros between now and 2023 to become worlds greatest ev manufacturer
I couke go on. However I belIeve we have now past the poInt of no return for the ev revolutIon. DHR now have to fInd somethIng of vakIe In one of these tenemnets and we wIll be reratIng.
All IMO
DHR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
