Lithium explorers .
Very crowded space and getting bigger everyday. Makes it difficult to standout in this environment.
Reality is most will never make production as very large projects more well advanced come online.
This will also push prices lower and those behind the production curve will fall by the wayside.
MLS production timeline minimum 2or 3 years . Where will the pricing be by then.
Having other commodities helps. How many standalone projects could the Pilbara support there is only so much Port capacity.
The big will get bigger and swallow up the minnows for a pittance as most realise the start up costing is beyond them.
Not saying they will never make it but the odds against them and so many junior explorers are heavily stacked against them.
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