How does any explorer company raise $XXXX mill, on a DFS model based on say $19k-30K when the lithium price is 10K??? GS was right in predicting this
Who knows how the lithium stocks play out long term, but they also predict a lithium surplus for 3 years. Only the shorters won in the lithium space this year.
A lot of these explorers will fail to get the CAPEX until the price recovers and are likely to go to survival mode would be my expectation.
Most of the people backing up the dump truck buying, got a dumpster fire, lol
ASN General Discussion, page-21056
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