From another post which no one commented as i'm probably wrong or pessimistic
By my calculation, a few weeks back, I read that Goldman Sachs had a view of Lithium declining another 40%, i believe Li price was around 440,000 at the time... so 40% would take it to around 260,000 .. and the latest price (today) it is "Tada!" now sitting at 260,500.. If it lingers around that price for bit, then it could well be a potential bottom!!!
Or another 23% down to reach 200,000 (something i've also read somewhere about Li price target to 200,000).
Fingers cross it holds
Ann: MOU to assist fast-tracking approvals for Salinas Project, page-15
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