It is criminal what these guys do. The Moron Stanley report ~3 years back did so much damage to the industry that it actually has slowed down the energy transition by ~18 months as no new mines/expansions were pursued due to their "oversupply" assessment. We all know into what a croc of sh... that prediction turned into. It is now a big part of the reason why we have this large deficit atm.
Plus, what's worse, MS, were happy to gobble up Li shares on the cheap after the drop - just for MS to come out bullish once they had their feed!
Hard to believe what these guys are allowed to say without seemingly any oversight - especially when you know the facts as clearly stated by eg BMI with the number of battery giga factories on their way, EV growth and ICE phase out policies locked in.
These guys are professional and - worst - fully legal (even though it shouldn't be) self serving trolls!
Is there really a glut?, page-45
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