Macquarie Updated GXY to Neutral, page-37

Looking at that chart they don't have a clue. First look at the range of prices - who's right or none? Second look at the shape of the price curves - once again who's right or none? Do these fit with the supply and demand story (and I am thinking here exponential growth with sluggish supply - virtually every car maker is on board with EVs and battery storage is booming)? These desk jockey's never saw the lithium boom coming and still dont have enough info to model lithium prices accurately - the market is opaque. DBs are the closest matching such conditions, but softer prices in 6-8 months...not likely! Many insider experts are expecting a lithium shortage in that timeframe!
AIMO