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21/09/23
10:45
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Originally posted by Nolan78:
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Over supply of lithium due to expansions of mines and new mines then go add the fact that all EV car makers from 2025 onwards are going solid state batteries and a perfect storm has happened. Lithium prices falling hard and predicted to fall harder next year and the year after. This was all predicted back in March of this year and its turning out to be correct. The merger happens soon then the price may spike upwards the I'll bail. I think I'd be looking at materials that go into solid state batteries as they'll be booming in a few years time. AKE gone from just over $17 and may well be under $10 soon. The merger may spike it upwards.
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You seem to be ignoring the fact that solid state batteries still use lithium. Also lithium prices are not predicted to fall hard for the next two years as its expected that a deficit of supply will be the case. If lithium prices fell hard then new suppliers wouldn't be able to start production, meaning existing miners would control supply. You know all this, but i suspect you don't really hold or you are shorting or you are a troll.