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I guess it depends on whether you believe the Morgan Stanley...

  1. Dr_Manhattan
    2,158 Posts.
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    07/05/19
    14:48
    Post #: 38448601
    I guess it depends on whether you believe the Morgan Stanley doom and gloom forecast of very low lithium prices in the future. Some folks do. Others including myself do not. Especially if its as shoddy as their last call (they already increased demand forecast quietly from the 500s kt LCE by 2025 to 700kt and even that is badly flaw because it assumes an unrealistically low amount of lithium in batteries in their models). Anyhow, really depends on your sector outlook.
    AJM Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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