Breakout from descending wedge
Updated
Volt share price breaking out from descending wedge among recent good news that they've lowered their all-in sustaining LCE production to <3000/tonne (this is much lower than other projects, such as Thacker Pass).
Their Rainbow Lake project NPV is 1.5B, but that is effectively the tip of the iceberg for this company, as Rainbow is just a blueprint that can be applied anywhere. They plan to be the first commercial producer of DLE. I am very bullish on this stock.
Their Rainbow Lake project NPV is 1.5B, but that is effectively the tip of the iceberg for this company, as Rainbow is just a blueprint that can be applied anywhere. They plan to be the first commercial producer of DLE. I am very bullish on this stock.
Note
This project seems to be holding up even in the current lithium price dump. Projects with low production costs will be the future winners. Many won't make it through the lithium-winter.Note
You tease
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