Ann: Liontown executes Binding Offtake Agreement with Ford, page-223

You can have all the lithium resourses that you want but if supply exceeds demand prices fall to a level where market revenue only covers or in some cases is less than extraction costs.

The Electric Vehicle forecasts are pure pie in the sky and as far as Carbon Emissions are concerned the difference is marginal.




The projected demand for electric vehicles is based on a false narrative that they are climate change friendly and the present unweildly cost of gasoline.

However in the last two recessions the price of oil fell to $10 and $15 a barrell.

Additionally as you can see from the below chart the sales of durable goods is in steep decline.



Add to this industry insiders say that the recent data indicates a wave of defaults on car loans and a flood of second hand vehicles on the market at heavily discounted prices.

So you could hang on to this stock for two years and start of production and realise there is insufficient demand to generate profits.

Its had a raft of good news and the price keeps declining so the market is telling you it's going much lower ....but I guess you know better than the market.