Read this story and start hoping the EUR Lithium deal goes through. Our 11 millions shares of EUR will be a ball buster for sure. But only if the deal goes through. Only three ways to play the company of EUR on the stock market. One, buy PNE. (TOO LATE, YOU WILL HAVE TO BUY EUR BECAUSE PNE IS GONE) Two, Buy CFE. (TOO EXPENSIVE AND TOO DILUTED) and Three. What is Three? Buy DLC at under .008 cents AUS a share and get in cheap on the ball buster deal. But only a ball buster deal if it happens. If it doesn't happen, DLC owners will still have the DLC and the PNE business of Paynes Find Gold mining rights to cover their risky investment. TOO EASY!
Number Four is buy EUR at an inflated price. TOO DANGEROUS EXCEPT FOR OPTION OWNERS of PNE So only three ways to play the Lithium Game here.
CFE owners would be left only with Tony Sage if the deal fails................................ Why lithium will see another price spike this fall
James Stafford, Oilprice.com 6:30 p.m. EDT July 24, 2016
The Salar de Uyuni in Bolivia, a slat flat rich in lithium deposits.(Photo: Thinkstock)
So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years. Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. Price doubling from 2014/2015 was first seen in China and is now being felt worldwide, with lithium hydroxide prices from $16-20 and carbonate prices from $12-14 thousand USD per ton. Automotive thrust
There is no doubt as to the push that Tesla has given the current automotive transition to electric vehicles (EVs). As the company’s mission statement outlines, it hopes “to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible.”
DLC Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held