Perhaps this is simply another “hindsight” forecast based on recent price moves….?
Fwiw it is interesting imo that we are the lone green number there.. …and imo their previous AGY target was way too low and their revision is also.
“On near-term lithium prices, “Inventory data points to destocking at refineries and restocking downstream…a very strong restocking cycle could see prices rise higher than current forecasts, particularly given the recent supply cuts”. Broker notes that this could result in volatility among ASX lithium stocks”
https://www.livewiremarkets.com/wir...and-energy-stocks-review-deluge-of-downgrades
Ps. Thanks to @Trademoreper over the road.
Li-related News/Articles/Reports, page-7246
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