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Blimey, this is very bullish.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/canaccord-lithium-needs-long-term-demand/
Not sure if it’s been posted on here but this is worth a read:
Electric cars could soon be recharged in just ten minutes
https://mol.im/a/7630857
I agree joe, all of us invested here will be underwater and none of us will be happy with what we’re seeing. Next few months will be make or break in my opinion, if the FS reads well and the Chinese are happy with the bulk sample we could see the off-take agreement finally signed with some concrete figures behind them. Then comes finance and I’m hoping like others it comes in the way of prepaid off take.
Nice article on EVs, looks like we’re in the right mineral.
https://edition.cnn.com/interactive/2019/08/business/electric-cars-audi-volkswagen-tesla/
For anyone that wants to read it:
https://seekingalpha.com/article/4299443-lithium-junior-miner-news-month-october-2019
Nope, it’s been doing it a while. I can’t wait until I’ve seen the FS and then I can make a decision to either stick at it or cut and run on an investment that’s 75% down.
As I’ve pointed out on previous posts I look at PREM and can see how these little junior lithium plays can easily turn around. Lithium looks like it’s bottomed out and We’re weeks away now from knowing our fate.
European EV sales up 119 percent in September:
https://electriccarsreport.com/2019/10/european-ev-sales-up-119-percent-in-september/
Bib, Tesla article here https://www.independent.co.uk/news/business/news/tesla-stock-profit-share-price-model-elon-musk-china-factory-a9169006.html
I may have been over enthusiastic about record profits, they made a profit when it was forecast they were set for huge losses. I also read they just about to start manufacturing in China, it’s all boding well.
We just need a positive FS and it’ll turn around here.
Some great posts on here today, but this will cheer you up. Goldman Sachs now giving lithium a buy rating https://www.google.co.uk/amp/s/seekingalpha.com/amp/news/3508433-goldman-analyst-sees-compelling-value-buy-rated-albemarle-livent
World's Largest EV Battery Producer CATL Expects up to 50% Growth This Year as Demand Soars - FutureCar.com - via @FutureCar_Media
http://www.futurecar.com/article-3551-1.html
Bib, I have no issues for different views to be aired on this forum it’s what makes us evaluate what and why we hold our stocks. I’m under no illusions this is still a punt but with the trend now coming on our side that punt looks like it’s getting better by the day.
Anyways, enjoy your weekend all.