Rotation from big lithium stocks to NILI - to start soon....Looks like lithium prices have finally bottomed out.
There has been a nice rally in the big blue chip stocks in Austrialia and, we saw some evidence of it on PMET up 10% and LAC up 4%.
Money will flow into blue chips first and then will work its way down to more speculative stocks like NILI.
Give it about 2 weeks.
The MRE report will serve as a cataylst and will begin to draw investors back into NILI.
Hopefully we end the year in the multiple $$$ range for NILI.
Investors need to invest in the project and not in the stock price. Meaning: take a longer viewpoint of NILI. Companies in the lithium field and mining are worth billions of $$$. Why would we be any different!!!
Good Luck,