Stick with lithium – hard rock preferred
We’re sticking with our preference for Hard Rock lithium this month. Even though our Hard Rock basket wasn’t the best performer in July, some of the stocks in it performed extremely well and we expect more in August, particularly given recent pricing moves. Given the impact of operating leverage however, we would look to include a greater weighting of developers in our portfolio, alongside the Australian producers. There are two to three stocks that look like they could be the next cab off the rank in terms of development projects and we believe that these potentially have the ability to...