"Battery metals are only “just starting” says a top US advisor — but fickle investors bouncing from cobalt to cannabis to crypto don’t make it easy for emerging players.A continous decline in the price of lithium and cobalt stocks over the course of 2018 has made it harder for juniors to raise cash, says Eddie Sugar, a partner with New York-based corporate advisory firm EAS Advisors.Part of the problem is investors looking for the “next run” rather than focusing on the long-term story, Mr Sugar told delegates at the International Mining and Resources Conference in Melbourne this week.“People ask me if I think the run in lithium and cobalt is over.“We don’t look at runs. We look at the holistic way of looking at the industry — and we’re telling you it’s just starting.“But the marketplace does [look for runs] and so it’s harder to find people to invest in lithium and cobalt today because of what happened.“They’ll wait for the next run and then everybody will pile in again.”
Maybe I should head over to the latest crapto float or buy a pot load of shares in Queensland Bauxite? What you all tink?
Billions and billions of euros, page-21
-
- There are more pages in this discussion • 216 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
