Ioneer ((ASX: INR) is, in any other economy, a great looking company with awesome prospects. However, I have not changed my thoughts on the future of lithium, and that's the business that INR is in.
They seem to have outstanding lithium, but there is also a global over-supply, and producers are still digging it up (that's what producers do), DoI See this changing in the next 12 months? No.
INR may survive because they have an outstanding resource, but it's going to be a tough road ahead.
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