I bought prem around 1.6p initially..12 Feb 2022 11:39
For me and others (including some family who bought at 2p!) believed the value of Prem at that time surpassed even those prices at that time. So for many with similar history, we will only see this return to 1p/2p as simply a restart, and not the actual finish! Hence why I make the equivalence with EUA and GGP.
This is in a much better position than historically, yes there are a lot more shares than when I was around, but it has improved manifold.
I genuinely think that finally our turning point is here; lithium spodumene prices soaring, demand outstripping supply, numerous bids for lithium mines by the Chinese, mandatory EV policies for 2025-2030 for major motoring companies, the rise of EV globally and much more.
This has only been decades in the making and we are fortunate to witness it and be a part of it.
I hope this doesn't come across as a ramp, my comments regarding the mortgages, lambo and pleases the Mr's, proving the naysayers right isn't entirely misplaced since it covers a wide range of people's feelings, dreams and visions here. I hope they themselves agree.
I know its cliché, but I won't begin to imagine how many LTH's here feel; some of whom have been cursed here, ridiculed, called a barrage of names and labelled stooges and other things. I had them in mind when I issued my 'ramp'.
The thing is, even if we suffer a hiccup and it retraces as all shares do, ill be ever more happy to average more and add more.
Nothing can stop us doing that until the company either busts or zimbabwe is nuked (god forbid).
We will all be rewarded.
GLA