Fitch said it expected lithium prices to remain “extremely elevated” through 2022 and beyond because of stronger than expected electric vehicle demand and lagging supply. It forecast Chinese lithium carbonate to average $US68,000/t in 2022 and $US55,000/t in 2023.
Have you listened to the recent JL podcast with Ken. Makes for great listening on what to expect going forward!
What happens to the PE ratio if prices remain like this long term.
Shared many many times, but always needed for perspective.
AKE Price at posting:
$12.40 Sentiment: Buy Disclosure: Held
