It’s okay if Kevin103 doesn’t believe lithium will recover. The business cycle is hard to understand, let alone the number crunching required for both the supply and demand sides. Otherwise, Howard Marks wouldn’t have needed to write his book, and he wouldn’t be a billionaire. If Kevin103 doesn’t understand the business cycle, then he doesn’t fully grasp the situation, unless he does understand but has other intentions. I very much believe that we will see another bull market for lithium in the coming years, and Goldman Sachs shares this view. Some may have reservations about Goldman Sachs, but they have accurately predicted the peaks and troughs of the last lithium market cycle. As they’ve said, “It’s the end of the beginning.”
WR1 Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)