watching lithium miner

NYSE:LTHM   Livent Corporation
there is a bull flag pattern we are breaking out of that would call for a 37 PT if realized fully. Clearly has broken out already and I am late to the game on this name. I am watching for weakness / pullback in this name.

there is a share dilution of 17.5 mln shares ~10 of outstanding shares I believe if my math is correct that is from buying out QLP to take %50 owenrship of Nemaska

The dilution window would be about mid June according to the announcement. Mining, especially EV supply chain like Livent is in regards to lithium is a very bullish sector and US gov is working toward building resilient and independent supply chains. Livent has solid looking fundamentals and I am watching this name closely as a share dilution will also adjust the PE multiple to the upside. If analyst est of $1.22 is correct for 22' EPS , at $31/share that puts us around PE of 25, with dilution--> 27.5 if price holds. Obviously not far fetched for a growing miner and forward PE is coming down, just how I am trying to digest the stocks potential.

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