Lithium Stakes – Off to the Races (Alix & MMS mentioned)https://investorintel.com/technology-metals-intel/lithium-stakes-off-races/
The current state of the field
Understandably those that have lasted the distance are now the closest to production, though some may still fall before reaching the finish post if their capex is too big and they cannot find a generous offtaker. Almost all of the new entrants will need to go through the usual cycle of resource, PEA, PFS etc to move their horses along the field. Surprisingly though for a market that is giving short shrift to all projects, in whatever metal, that are at the exploration phase the investor population seems prepared to give new entrants a free pass and bid up their stocks irrespective of how formative the asset might be.
