Brunk, what you are hearing now is everywhere, it's the reverse of the JP MOrgan story. But, that JB Morgan story in Feb 2018 was a wrecking ball and destroyed SPs and sentiment which has, so far, failed to reverse what happened.
That's why we want to see as many articles as possible to debunk that one and to restore sentiment and financing confidence.
The JP Morgan theory was predicated on too many projects coming on line and swamping the market, thus halving the price of Li.
It more than halved the SPs of all producers and exploreres. Odd that just 4 months later JPMorgan declared that they had subsequently become a substantial holder in GXY????
The complete opposite has happened and now those anticipated new projects have either hit real problems or have not been able to obtain finance, primarily due to that very same JP Morgan story. From being a glut, we now see serious risk of huge shortages. It was a self-fulfilling prophesy.
Now, the $multi billion question is what are those who will create the demand do to satisfy that demand?? Another "tulip" event????
Love to be sitting on 200,000 hectares in the Lithium Triangle!!!!
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