I'm not an expert, however Joe Lowry is. The latest Global...

I'm not an expert, however Joe Lowry is. The latest Global lithium podcast of his is worth listening to. In short, claims of heavy excess of supply is overdone and usually relies upon the best case scenarios of production and mine commissioning. African and Chinese lithium is much more cost intensive to produce than the Australian hard rock miners.

So all sources are struggling to making money at current prices. In response supply will go down, but EVs are still being made, plus home batteries have taken off again due to the cost of production going down with lithium prices.

Effectively as Dave Selfe has said, Joe Lowry agrees and H2 this year should see an uptick in lithium prices.

Days like today and yesterday are frustrating for us share holders. I bought yesterday at .305 as I thought we'd have support in the .30s from now on. Should have had more patience in hindsight but lessons learnt. Will keep buying all year with patience, lots of news to look forward to all year with no cap raise risk.

GLTAH