DLC 0.00% 0.7¢ delecta limited

Revenue, page-102

  1. 3,706 Posts.
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    This article is interesting and up to date but 24 hours can change everything

    http://finance.townhall.com/columni...hould-you-buy-into-the-lithium-mania-n2215889

    First, it’s tough to gain exposure to lithium directly. Unlike many other commodities, you can’t buy lithium on any major commodities exchange. You can’t gain exposure through futures contracts or swaps. The only way you can invest in lithium is by investing in individual lithium miners or through a basket of stocks.

    On the one hand, the lithium supply market is dominated by four major producers. Albemarle (ALB), FMC Corp. (FMC), Chile’s Sociedad Quimica y Minera de Chile (SQM) and Sichuan Tianqi together accounted for 83% of global supply in 2015. On the other, lithium only accounts for at most 13% of each company’s business. So you’ve got to dig deep into the world of speculative small caps to find a pure play on lithium.

    The chart is also interesting.............................It is a lot easier to make profit when the value of what you are producing keeps on the rise. But all still a gamble here. Like all penny stocks.

 
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