Good point Toast,
Over 80% of my lithium money is invested in companies already producing and making money (Galaxy, Orocobre and Altura, which just started producing). I invested the remaining 20% of my lithium funds in near term producers (producing by 2020-2022 like LAC, Sayona and Advantage Lithium). I use this approach because I prefer to invest more in solid/established companies, even though they are also suffering under the current lithium environment. The non-producers may have more long-term potential to be multi-baggers, but I think they are riskier. I will start gradually transferring funds to the non-producers next year, as they get closer to production. Regardless of what our friend in the other Board says, I think that there is plenty of time to buy these by buying the good dips. Who knows, my approach may prove to be wrong, but I am sticking to my guns while remaining patient.
Good luck
Over 80% of my lithium money is invested in companies already producing and making money (Galaxy, Orocobre and Altura, which just started producing). I invested the remaining 20% of my lithium funds in near term producers (producing by 2020-2022 like LAC, Sayona and Advantage Lithium). I use this approach because I prefer to invest more in solid/established companies, even though they are also suffering under the current lithium environment. The non-producers may have more long-term potential to be multi-baggers, but I think they are riskier. I will start gradually transferring funds to the non-producers next year, as they get closer to production. Regardless of what our friend in the other Board says, I think that there is plenty of time to buy these by buying the good dips. Who knows, my approach may prove to be wrong, but I am sticking to my guns while remaining patient.
Good luck
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