Great question and there are many opinions on this, especially from the so called analysts.
Ramping up is not an easy task, bit like asking the airlines to ramp up flights when the worlds gaits eventually reopen.
Ore processing machines are tuned to be running at optimism capacity, they are tuned to run slow at low cost and column, and then can be ramped up to run on higher capacity but there is a substantial lag in time required.
Yes, many are capable of substantial upgrades in product levels, but some may well ask the question is this going to be enough to meet growing demand.
Let’s not forget that BMI forecasted a 12 billion dollar shortfall in investment in exploration and development nearly 15 months ago.
Ive I’m framing a picture this how I would do it.
Massive lack of investment in mining and exploration investment, huge investment in the battery and giga factory side with no real realisation of the implications of the lack of supply of the really good stuff.
Comparison could be the drug market. Don’t know how many of you that follow it but both legal and illegal Sectors tell a story of the state of earth and the state of its custodians.
I could be naive but there are so many signs out there of an imposing change I really have nothing more to say.
The one thing I will say is my lithium portfolio is now in the green after hitting a low of $68k down.
Happy camper and have no doubts it’s onward from here.
GLTA, especially you rusted on dogs.
GXY Price at posting:
$2.59 Sentiment: Buy Disclosure: Held
