I do hold a few graphite stocks, including RNU, but for me LML's main attraction is that they are very close to actual mine development. And from an investor point of view, that makes me wonder why LML's SP isn't at least at 0.08, so I bought in because I think it's due for an urgent price correction - hopefully up to true value. May be even as soon as the PEPR approval is granted (due early next year unless we get an unexpected early Christmas present ...)
And from my point of view, getting the product out to market sooner, means LML can not only cash in on the expected boom in electric vehicle batteries, but the more urgent demands of a steel industry which is going through recovery due to the machinations of the Chinese steel industry. (Please DYOR as that's my take on why I bought into LML).
LML Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held