Good News & Bad News, page-36148

Here's the thing. Back in 2019-20 when the Lithium price was in the toilet, the same battery pricing forecasts were being made based on toilet level pricing. Apparently EV/ICE pricing was supposed to be at parity by 2022. That all went out the window when the toilet level pricing didn't incentivise new Lithium supply, and why would it. Who wanted to build out new supply when recently completed Lithium projects were going bust, like Altura and A40. Wodgina went into mothballs and PLS was sent to the brink.

Now, here we are again with pricing heading back to toilet levels and nervous investors fleeing the market. Explorers and juniors will see funds dry up and that will cause a delay in new supply meaning the cost of Li batteries will increase and make the predicted battery price forecasts fish and chip wrapper.

Incentive pricing will have to return, otherwise it's rinse and repeat like the last wave.

New sector investors, well you will just have to tough it out like the LT holders did back in the Lithium winter, trust your instincts, research and try to suppress the quivering sphincter. The worm may or may not turn quickly, but it will turn. Don't have a crystal ball but I do have balls of some sort.