RE: De-risked, undervalued, and ready to rocket27 Jan 2023 08:14
Hull, Archer summarised all of it perfectly.
Many share investors simply follow their chosen share guru, articles like these will make a difference as time goes on.
I think one major point that has not been covered is giving away percentage, I am firmly in Bernard's camp with this. I see lithium high priced in the short term then my thoughts are 50% or less around or after 2030, dependent on upstream infrastructure.
I see companies trying to hang on to 100% of their resource losing more than 50% by being too slow to get into top gear production. By top gear production in our case I mean both plants producing.
So those companies chasing 100% of their resource will be in production when the resource is worth less than half current value, defeating the object.
Plus starting full production in a falling market is risky if anything goes wrong.
Kodal will have this site going full bore through the highest lithium prices.
Good article cheers.