General Discussion Topics, page-60574

Yes you may well be right, but right now the powers that be are going to try every trick in the book to drive lithium prices much lower than the current levels. Some semi conductor companies are talking reduced forward guidance for the coming Quarters and their SP’s are suffering even tonight in pre trading. Can’t make cars = don’t need lithium= oversupply= dragging the Li price down and all this will be orchestrated with all car manufacturers cooperation. As I posted earlier tonight on the PLS thread li miners have come from minnows to be monsters of the resource sector . GM just announced sales numbers down 16% for June and others are in the same trend including Toyota. Funny they can’t keep up with demand however.
Im still all in on the sector but starting to get worried, we need some good EV ramp up news . Just stated GM have reaffirmed full year guidance however there are 95k cars that cannot be classified as sold but have been built but are waiting chips before being delivered,read what you want into it.