Hi Anatol.
Everybody is talking about the "Great Shortfall" of lithium that is about to kick in 2024-26 as a great thing for our sector..
A tight supply of desirable goods is always great for share holders but do you think there is ever the slightest risk that the car industry could comes to the conclusion that; "You know what? In spite all the brine and hard rock, clay and recycling in the WORLD it just simply isn't enough lithium to go around. We cannot get the price down to compete with I.C. vehicles".
People will not pay exuberant amounts for their wheels. They can't! They will pay what their budget will allow between school fees and the weekly grocery shopping and if the climate benefits after all that, well then, that's nice.
People care more about their next mortgage bill then melting polar icecaps.
So my question to you is..... will this work?
Best regards
FA & General Banter, page-12763
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