LTR 3.59% 80.5¢ liontown resources limited

Lithium Related Media Articles, page-24268

  1. 19,072 Posts.
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    I applaud you for playing it with a straight bat and introducing some realistic views.

    Its been quite obvious for sometimes now: there is too much supplies of Li.

    The pendulum have strung to the other side; from having excessive demand to excessive supplies.

    Unfortunately, that is the nature of cycles.

    For me, I have sold all of Li investments - including PLS.

    Now, just an invested observer. I am not interested in weathering the storm - went through that a few years ago, with PLS.

    What needs to happen is consolidation in the industry before demands and supplies reach its equilibrium.

    However, not many holders want to face reality; not here, not at PLS or IGO.

    The only ones who are making money at the moment are the shorters.




 
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