As I understand it the sell off in the lithium stocks was because of a possible 300 % increase in Brine production from one overseas mine! After the government took 30% of the profits
As I also understand, does it not take brine 2 years with the evaporation process to a sell point UNLESS of course they sign up to the new NEOMETALS process when it takes less than an hour!!!
So even if they significantly increase production its not going to hurt the price for 2 years
NB Neometals owns 35% of Hannans.
Sure its noteworthy but maybe a little bit of an overreaction.
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