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The sell off in Lithium stocks were due to the announcement...

  1. Happy_cup
    590 Posts.
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    20/01/18
    20:36
    Post #: 30440794
    The sell off in Lithium stocks were due to the announcement Potash Corp selling 32% stake in SQM the biggest producer of low cost Lithium in the world sent ripples thru the market on Thurs and also news of the ramping up of production.
    UBS analyst says the SQM deal won't affect lithium supplies for the next 4 or 5 years given the time required to build the expansions so no need to worry
    Monday all Lithium stocks looks likely to rebound!!!
    Have a great weekend all!!!
    LRS Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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