I cant believe Anyone would have sold 1 battery material share after reading some (not all) of what goldman said. For 3 weeks i have seen and heard Everyone say The current bull market has finished with battery shares, GS said that so thats not new news.
Of course supply will keep up with demand over the next 18-24 months , demand for EVs is Nowhere near what it will be in 2-3+ years, so IMO GS stated the obvious and then again when they said in 2024 lithium price will rocket again as the demand will now be greater than supply. Isnt what GS said exactly what has been happening for a hundred years, a bull market has a run then stops then starts again. Market prices go up then they go down.
i really cant believe the panic with what they said but hey im in LRS all the way, ive only just started buying shares so i dont know all the ins and outs i just cant believe the reaction by people on social media or on the stock market
LRS General Discussion, page-5929
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