that's good as lithium producers such as pls are shorted due to lithium price downturn and forecast ..
explorers hoping for huge marcaps from world-class deposits will have to downgrade there expectation prob by 50%,
giving rdn realisticly 1billion mar cap rather than 2 billion.. or 750 m to 1.2 depending on gloom factor as I see it, (if a world class deposit is unearthed) ,
depth and grade will play a large part, wa factor can't be underestimated ,
news coming out of China calls the tune, atm conservatively priced sucessful explorers more upside than producers
Daily Discussion, page-1078
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