Here is my 2c Research for Blind Lithium followers.
(1) Low lithium quality Chinese producers are still pumping Market at loss. Supply vs Demand.
(2) More Lithium Mines going to open in Africa under Chinese investment.
(3) Argentina and other South African nations are going to introduce 50% Loyalty model like Chile in future. Check $SQM and other American peers who run mines in Chile. It's almost impossible to generate good profit for the company to get their initial investment back.
(4). Lithium alternatives like Sodium might enter the market and might reduce Lithium demand. 5 years is too long a time.
AGY Price at posting:
4.8¢ Sentiment: Sell Disclosure: Not Held
