I dont think any producing Lithium miner will have a correction going forward barring WW3
Even a global recession will likely mean a period of stablisation.
Remember EV are being pre-ordered by more stable work force on higher pay. Of course a Massive Global Depression will dent the numbers but looking at minicule numbers of EV being produced compared to 100m ICE cars.... supply cant meet demand even in the most difficult recession.
3million in 2020
6million in 2021
The kicker.... no one walks into a dealership and buys an EV and drives out.... all have 6 months unlikely to 1 year wait times.
What correction do you see in lower EV demand?
Grid Scale Battery - these are projects by multi billion enterprises and they are not pulling projects, that is considered a money maker with no downside risk and supported by government.
Home batteries - see EV demand, it is not your lower income people, these are people with decent to great jobs and own their own homes!
Having said all the above Share Price might just pause for while but no correction in sight
How much more to this green run $5.50, page-7
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