Ahhh... No!The lithium boom is over, takeover premiums are now...

Ahhh... No!

The lithium boom is over, takeover premiums are now gone, as evidenced by Delta and Liontown changing effective control for built up 20% stakes instead of bid premium to last price. The car plants are built in china so they are now going to start pushing these costs downwards. The marginal share buyer is tapped out and far more important is the realisation of the person behind it and what they are getting up to. Buy now at your peril is what I see...

Ive just been through china talking to the commodity guys. If you aren't out or about to get out, you are about to be immolated.

Best of luck and DYOR as always.