May. 3 at 12:43 PM
$NVLHF Nevada Lithium is a ways away from getting the returns we all want. Re-rating starts with the producers. Started with Pilbera Albermarle etc.
Next up is the soon to be producers like
$LAC
Then the ones with FS and applied for permitting like
$CYDVF
The juniors are last ones but can produce the biggest returns. This is when M&A is happening.
Lithium price needs to stay at this level
$25,000 or higher for a sustainable period. Money won’t flow here unless big money believes lithium price is stable.
I’m locked and loaded in all of these scenarios!