To anyone who has done their research about the number of gigafactories being built the future is fairly obvious. Demand is going to continue expanding massively and will certainly outpace supply. The GS report was lies and market manipulation. Its worked especially well as it’s dropped at a time when the market is very fearful. If the fear extends to the point that it materially damages investment in new supply then prices will remain even higher for longer. Sadly that will also delay the electrification/decarbonisation of our society, which could be catastrophic.
Personally I want the price to drop further for just a little longer. In July I will have my tax return and will be throwing a lot of it at this company. Please feel free to panic and sell all your shares to me. After that point our exploration success and subsequent maiden resource estimate should lead to a good lift in price.
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