Lithium and spod prices falling. Suggest you read what is in the age today about China about to have a very hard landing which spells trouble for us in Australia.
PLS two markets are China and South Korea.
GXY at least has no debt and $176m in the bank but prices on the ore are so low they'll may well be making a loss soon.
I got out at $1.34 for GXY.
Afraid we all got greedy and thought it was going to super boom for many years.
I am done with lithium stocks. Only stocks now are ones that do dividends.
Can always come back if there is a miracle with lithium and spod but do think its run its course now.
Mines with debt will fall.
I had quite a few in A40 at about 12c and got out at 10c so a loss on those. Came close to investing much more as I thought well if GXY bought $20m into their company they must know something. GXY will take that as a loss. How they made that error would worry me if I still had GXY stock.
Nope stick to the big boys. These lotto stocks must get in early then get out and don't hold for years.
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