I have mentioned previously that in hard times many mines go into care and maintenance mode. The price of Li can stop a few mine builds in their tracks and cause slower production in others. When this happens at scale we begin to talk about Li supply constraints.
When that happens prices begin to regulate and coupled with incessant demand is bound to drive prices higher. Mines that are producing are ahead of the game IMO and whilst not first off the blocks we are in the mix
We need LT thinking because the gains expected far outweigh the losses now felt
Just a thought
AJM Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
