RE: is Lithium the new oil ?22 Oct 2023 14:04
It look like the majority of lithium play out there, is only at the exploration drilling / proofing up faze with eye watering valuation ? RRR has already got a stockpile of the stuff waiting on a Chinese OT agreement to start selling ? it has got to be rerated soon surly, regardless of past failures & misgivings.. discuss on here at length..
we cannot ignore the volume this week and especially on Friday 340m was out of this world, there was a late trade 7.5m well above the ask @ 0.1717 ? that has got to be a little bit more than a punt surly ?
I'm hopeful that our first OT agreement will be signed next week, and we will get a flurry of news thereafter.. but that's me'' forever the optimist, as nothing is a given on timing'' but it has to be close considering AB has been in these meeting for well over a week ?
Happy Sunday all'' and while you guys argue the to-ss, spare a little thought for the dyeing & dispossess from war happening across the world, and it's time like this, that one should count themselves lucky despite losses we have suffered in the past on the stock Market, run by the few for the few as BB would say
ATB