Macquarie stumbles with backflip on lithium outlook
https://thewest.com.au/business/min...ith-backflip-on-lithium-outlook-ng-b88512864z
Aussie explorers say Macquarie has it wrong on lithium oversupply tsunami
https://unauthorised investment adv...e-has-it-wrong-on-lithium-oversupply-tsunami/
Despite the uncertainties that exit in these markets, Macquarie says that global sales of EVs are still likely to increase at a “somewhat less breakneck pace of 30-40%” per annum in 2018.
https://www.*.com.au/the-rapid-grow...-sales-in-4-charts-2018-1#JcHcgTPUeuLdpykX.99
EV sales were over 60% in 2018. Almost 100% off from their prediction at the start of the year.
They really don't have a good reputation at all in getting things right in the lithium sector.
Investor Presentation, page-496
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