It is up another 6% in Australia and it will probably do the same here tomorrow. I think most lithium companies are bouncing nicely albeit there may be some differences due additional factors (e.g., already produces or not, partners, brine vs. spodumene, etc.). You may want to watch it again in a few days. I am actually expecting a nice dip and opportunity to buy more when the next quarterly report is announced. I expect the dip because of the low sale prices, but we will see...
I like the fact that it produces, has plenty of cash, little debt, stage 2 is progressing slightly ahead of schedule than our other common company, that it is well protected against hostile takeovers by Chinese companies or others due to its association with Toyota and that it is building a new converter in Japan for better product, which has been an issue. I always see it as my safest long term bet, even if not necessarily as the one returning highest SP rise, but what do I know.
