Lithium Comparisons Part 3, page-3

  1. 3,230 Posts.
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    Have to agree, lots of ASX cos now are on the lithium hunt but in reality how many are going to become profitable from actual Li sales - not many, perhaps fewer than 6/7. lots of investment has gone into cos who are about to explore but imo it's already to late, sure there might be a few bags to be made in the short term on results etc but the big winners will be the companies who have top management, experienced industry experts and who are producing and selling within the next 12 months. Li is going to have legs for the next 3-4 years with expansion in the global market and the ones that benefit most from that growth are the ones that have vested interest in near term producers. Anyway it's what I believe so I looked for a small cap who is close to production and that's what I based my investment decision on

    GLTA
 
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