Okay, so now what next ?
We just had a taste of what is coming our way for our SP.
Now we have the Hydro go ahead the news that carmakers are dishing out cash to secure their lithium supply and are now part of an ETF (Sprott) that sort of makes it safe for institutional investments.
So our standing has improved quite a bit in these last few days.
Remember the Lassonde curve ? Well we are just starting the new escalation that might be up to 2 years ongoing. The development (that includes financing, building, ect..) and also the startup that usually close to 6 months.
So if your are long (like me) and wondering if is safe to hold on for better returns, the fun is just starting.
I am reposting a link to the curve.
Enjoy the ride ! These rarely happen in an investors life.
LINK TO LASSONDE