Ann: Diggers and Dealers Investor Presentation, page-212

There is a silver lining IMO.

This negative publicity of reduced demand for lithium does not paint a great picture for explores. Have good drilling results is good but not that helpful when getting money for mine development could be a mission impossible.

So far, all new miners like PLS, AJM and TAW managed to secure funds mainly from off takers but for new players it could be hard as none of banks so far provided loans to lithium potential miners.

This can soon drive investors to move funds into secured producers like TAW instead of chasing gains with explorers.

Many do remember IO or uranium boom and choosing PLS or TAW could be a great option in present climate.