Li-related News/Articles/Reports, page-6884

Haha, UBS and Citi need more time to position themselves for the lithium price resurgence. Fact of the matter is the banking analysts were way off base with their oversupply calls relying on uneconomical low grade Chinese lepidolite mines and dodgy African deposits. Yeah Goldman got the call right this time, but they have got a lot wrong in the past. Now the story is coming out that there really is no oversupply and if anything this recent lithium price crash has induced a major supply squeeze into the forward guidance as lithium prices need to triple for the low grade lepidolite mines to come online and also African deposits can't really be relied upon as a trusting source of supply, with execption of maybe Ghana, I wouldn't invest in any stock doing business in Africa.