No one knows what the stockpiles are in China. Estimates is all that can be made. Lithium pricing is not transparent. Company reports and the reported spot price is all to work off. Media reports of electric car sales are to what question hype? Lithium makes a case in battery supply for grid stabilization and remote storage. Electric cars are burdensome for grids. Companies need to look to other areas for growth in this environment. Lithium Co's still need to have a growth strategy not just survival plan. Stalled projects have the ability to help stabilize the market overtime, but lost time is as much an issue as lost revenue. Would like to see companies choosing not to increase production then sell at low prices regardless of how their projects sit on the cost curve which low-cost producers aren't talking of. Thats why I'm interested in the other projects this company has moving into the spotlight and other Lithium companies to stop looking for Lithium to prove up resources and look at what else their tenement's hold particularly ignored leases.
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