EV/Lithium, page-1029

https://x.com/jczuleta/status/1828271990345433486


…so PLS just acquired LRS Solinas only to put that project on hold until the lithium price recovers. Henderson may be a year too early with his opportunistic takeover. He says a share scrip does not involve cash, that’s true but the 7pc or so dilution could have been a CR. Somehow a CR would be more negative than a share scrip acquisition that is short term non-accretive.
…Juan and many still believe that cutting back production would save the lithium price.

…It won’t until Western EV makers get their act together.
…but lithium hodlers won’t believe me just like they didn’t when I said EV growth is not synonymous with lithium price growth- the former can and will happen without the latter, in fact thrives on lower lithium price.
…the commoditisation of lithium and the fluidity of its use could be a reason why BHP elected not to pursue lithium. Lithium is not Iron Ore.