RE: A bit of patience is all it needs. It's looking good.I'm not selling anything at these ridiculous price. They will close the second tranche of financing at 30 cents and they will soon announce the selling of their first few tonnes of flake graphite.
The sp will rise eventually. All battery material stocks are down very signoificantly since January. My Nemaska shares went from $2.40 to $0.70. Ecobalt market cap has been cut in half. People are nuts. EVs and battery storage are just getting started and they are clearly selling very well.
Lithium-ion batteries aren't getting replaced by ANY new technology anytime soon and the cost of production is getting lower and lower. Panasonic is expected to reach $100/KWh at the cell level this year.
People should be buying graphite, lithium and cobalt quality stocks, not selling them!
alphatradr wrote: $$$$