A meteoric rise in Li prices is all well & good for us LT investors in this sector but what concerns me is if prices of any commodity rise too high & too fast, it becomes unsustainable. Scarcity & unaffordability force quick innovation to find substitutes & reduce dependability. In consolation is that any new technology will invariably run in parallel with Li tech due to unsurpassed energy density so worldwide Li production should remain to be sold out in the forseeable future we hope..
GXY Price at posting:
$4.66 Sentiment: Hold Disclosure: Held
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