i would prefer to look at the trend of EV sales in Europe as a indicator. Rather than just state who would be looking fir a new car atm?
While demand destruction im sure is occuring currently, i would believe due to petrol prices increasing significantly that this pushes the consumer towards EV's.
while all equities have been hit over the last few months, graphite prices havent crashed...maybe because we didnt boom like lithium.
I see everything happening currently beneficial for Talga, now the battery sector isnt as hot with SSB's being announced every week (ps. go look at quantemscape sp) at the end of the day OEM's wont feel like they are in a overheated market and will hopefully start to get serious with their mineral supplies.
my main concern is the increase cost of capital, and hoping we get as many grants and cheap loans off the EU as possible
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