Why do you want it to hold it for several years? You mean: no one needs Lithium any more? The market is oversupplied from now till 2030, because LTR is going into business in 2024 (maybe) and some others in 2026/27, maybe 2030?
Yes, that is a difficult decision. When I finished my phd in economics, we learned: if supply is lower than demand, the prices will rise. But I know, I know, in times of New Monetary Theory, all is upside down, meaning for AKE: the more the Lithium is needed, the lower the prices get. And the more mining is delayed, the more teh pressure for a downward spiral is imminent.
I get it, really. But I am a contrarian, so, no, I dont get it, it is utter non-sense. Rising demand and falling supply equal rising prices. Any one can watch the Uranium prices going lower and lower, the more U308 is needed.
