The Sp has taking a beating over the past 2 weeks.
But also every other company in the EV materials field has taken a thrashing.
It would seem that in spite of all the bullshit put out by European and US leaders and car manufacturers
concerning the the future expansion of EVs and the need for massive supplies of Li and Co and Gr; In fact the industry in general across the globe is taking a more pragmatic view.
The predicted large takeoff contracts do not seem to be happening yet.
This is my personal opinion based on the fact that I hold 15 Battery stocks across the gamut from Li to Co
and across Oz, the US, South America and Europe. And all of them are down by about 10-20%!!!!
And like many others I am down by tens of thousands of dollars.
It would seem the often predicted mad rush to gain control of future off-takes and supplies is not happening.
Doe any other informed "enthusiast" for battery materials have a more informed opinion??
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