The Fool were telling everyone about the GS forecasts for spod just yesterday in their article "Own ASX lithium shares? Here's the latest lithium price forecast" - Highly recommend
MF are spreading the word to newbie investors what the future lithium forecasts are. Would hate to see more noobs get trapped into this pump hype train 2-3 years too early
- Lithium spodumene 6% (per tonne)
- Spot: US$3,010
- 2023: US$4,341
- 2024: US$1,763
- 2025: US$800
- 2026: US$1,126
As a comparison, lithium spodumene 6% was fetching US$5,990 a tonne in the middle of January.
Time will tell if these forecasts prove accurate, but I wouldn't bet against Goldman on this one based on its previous calls.
The Fool were telling everyone about the GS forecasts for spod...
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