The average gain on the day of rebalancing is around 2%. Seems like most of the selling took place in the first hour of trading, and the stock price could further surge to the upside later in the afternoon. Volume seems to spike in 15 minute intervals......
Sentiment: Strong Buy
LACDF has a project with SQM which can bring a lot of windfall profits from Lithium price gains. With such a small market cap, it is poised to move much higher.
Good question. Hopefully they pay off about half their debt and pay at least $10 special dividend. They'd still have a little left over to put towards a future acquisition.
It's not shares in companies that handle lithium that he wants to corner the market in, it's the lithium itself - and driving up the price on lithium would protect his massive holdings in oil.
If Lithium is the way the world goes for automotives, then GM will just switch to making EV. They already make hybrid cars - not a big leap, once the problems with battery size and instability are dealt with.
If the demand for oil goes away, then OPEC (by definition) is hosed. No lithium in the middle east! They will go the way of the buggy whip!
Being on the losing end of a trade sucks, right? I found Lion Stock Alerts [Search Them] the other
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cut out the hype.
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a few months.
What about Galaxy Resources? They will start producing in July of this year at their Mt Cattlin Mine in Australia, they also have contracts with China for the next to years signed. With their income the will be putting it in their Sal de Vida project in Argentina. Galaxy Resources is a company you should be doing your DD on.
Your information is incorrect. For one thing, bromine is not used in TEL manufacture. https://en.wikipedia.org/wiki/Tetraethyllead
This is heavy chemistry, I just hope that they do best making it as environmentally safe as they can . There is no absolutely clean way to do it , i think.