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14:25
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Originally posted by triage:
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You might not be trying to be a smart-alec but you are just making stuff up. The very opposite to what you asserted is the case about the backwardation of lithium. Up till quite recently the assumption has been that lithium is in a bubble and therefore price will shear away relatively soon. Hence the lack of investment funds flowing into the sector to date. But now there is a rising understanding that with OEM's committing half a trillion dollars on electrifying their product range there needs to be a ten fold increase in lithium production in the next 8 years to meet that demand. But without the funds flowing into the sector that gap between demand and supply will remain. In other words, lithium is not in a bubble and there will not be a structural correction down in lithium prices without some seismic change.
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MIN PLS 2 and CXO will be on line relatively quickly say 6 months ? Don’t you think inflation costs especially on battery metals coupled with recessions (stagflation) would slow down EV intake ? How many can afford a 100k vehicle ? GL1 will have to face double capex and exploration costs with now synergies? At the current SP my biggest bet remain BRB
