Allkem Ltd (fka OROCF)

[tikotiko]

Orocobre buying Advantage Lithium, next to LAC/Ganfeng:

https://www.orocobre.com/wp/?mdocs-file=7054

A good move by Orocobre by buying when it is cheap. This is proof of more consolidation occurring in the sector, but I like this one better because it is buying a great resource when prices are low. I don’t care how the market reacts short term to Orocobre’s news, but I don’t care much as I see this as a great long term move.

I still plan to buy more shares before and/or after this Friday, when the half-year report will be announced, which is expected to be week in sales/profits but positive in progress for stage 2, Nahara and Advantage acquisition. I am hoping for an extra dip....