Ann: Study Delivers 2MTPA Expansion Option - Highly Accretive, page-27

Let's not forget, only last August, BMI were forecasting a supply deficit by 2025. Forecasting prices and supply/demand, is almost an impossibility in this fledgling sector. BMI have since adjusted price and timing forecasts dramatically, as they have done previously. If the so called experts change forecasts so often, what chance does the average punter have of getting correct. BMI, like most analysts, give outcomes based on different scenarios. This gives them wiggle room with their forecasts so they don't appear to be dumbies like the rest of us.

https://www.energy-storage.news/growth-in-production-will-keep-lithium-carbonate-prices-below-2022s-peak-says-bmi/

https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html

Apparently, Supply needs to triple from 2023 levels by 2030. If incumbent producers like PLS triple production, that should meet supply requirements. How many current producers have a resource like PLS that enables them to triple production and how many of the current major producers have a history of under achieving with their expansion targets?

I'll gladly sit tight, watch the shenanigans continue and use the volatility to add holdings.

Was that a JP Morgan substantial holder notice yesterday. All that trading over a 6 month ish period for an extra 1% in holdings. Basically just the FIBO mob trading/shorting back and forth between themselves, endeavoring to make a buck and take a substantial position in the prime independantly owned Tier 1 Lithium stock on the ASX. I will continue to ignore the BS as I have since 2018.