' The plant was already going to be listed as endangered. '
Can I use you as a source? haha
I'm here to make money just like the next guy but lets be realistic todays push has been nice, I made a nice profit but it doesn't reflect INR value in the current situation.
Battery day was bad news for the lithium sector for everyone except PLL ( and even the long term benefits for PLL are debatable).
Tesla is a disruptive company that now has it's lithium source locked in up until it mines it's own lithium.
End of the day Tesla is the overall winner from the recent lithium sector movement.
How is any of this good for INR?
If Tesla is correct with their projections, usually is ( regardless of how outrageous they seem at the time) lithium will be a sustainable source for EV's and never a finite resource as there is going to be a huge oversupply for a long long time to come.
INR Price at posting:
13.3¢ Sentiment: Sell Disclosure: Not Held
(20min delay)