The talking heads after the fast markets conference seemed to...

The talking heads after the fast markets conference seemed to imply a consensus that oversupply could stretch to 2024, but that given the lead time for major projects to secure feedstock, spodumene prices might bottom out three or more years earlier. The thing that seemed to cut through all of that was the OEMs and their tier one battery providers can't afford to take any chances with supply at a time when maximum competition on EV's and their price point is hitting. You'd think VW would opt for secure supply over taking chances on price... You'd also wonder if we have a 'premium' product as the company keeps implying makes for a separate market for locking down quality supply at a time that a crunch will hit, bird in hand better than risking on a patch of dirt without a plant.