It's easy to make statements in hindsight.
The facts are that ALB pursued a SOA at $3 a share before Hancock bought a blocking stake. The lithium spot price has since tanked. Some banks predicted an oversupply in 2024 when ALB went public with the SOA.
Will the lithium price stay at these levels, it's possible under certain scenarios, but is it probable? This reminds me a bit of the iron ore market in 2015.
IMO, the winners will be those companies that can ride the volatility and stay the course.
It's easy to make statements in hindsight. The facts are that...
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