Yeah demand side isn't the issue and its not the boogey man. Supply side is the issue. Prices have likely bottomed or there about as producers higher on the cost curve are being forced out of production, even Lepidolite miners in China if recent reports are to be believed. But there's stockpiling, mothballing of projects and capacity now sitting on the side-lines to curtail and soak up any significant upwards pressure on prices and only the highest grade/low cost producers lie PLS will thrive. This is not where you want to be. The pivot from Gold to Lithium was 18 months ago.
And who the hell is buying this morning knowing $1.2 million needs to be raised at probably .02...
Ann: FAU to Acquire 100% of Prospective Lithium Project in Ghana, page-7
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