General discussion (MEI), page-4414

Courtesy,Stoc….d,morning issue.

But long term demand forecasts for EVs remaining strong, and great discoveries are ones with the capacity to succeed regardless of the price environment.

“We’re seeing a lot of people concerned obviously with the price falling — a lot of pessimism around that,” Hoff said.

“I think we’re trying to be realistic around it. And we’re saying, hey, look, prices could stay subdued for some time.

“But the thematic is in place. We’re seeing some value start to emerge across the space, but the kicker there is who’s got a strong cash balance and a management team that has played these sorts of cycles before because cash preservation will be important.”

Regardless of the cycle, those three things — management, cash and geology — will define which companies will be long term successes or which simply ride the waves.

“They remain to be keys at all times at the top or the bottom and we’re closer to the bottom today than we are the top,” Hoff said.
DYOR please.