Ann: Trading Halt, page-110

The fast uptick of global supply caught a lot of people and professionals off guard.

From a very lay person perspective, looks like these projects were approached with assumptions of higher lithium prices and demand. Those producers in full production are boding better. I feel there are some similarities between the oil glut and lthium. Thus likely some consolidation in the sector.

Clearly, future demand will be there. If, PLS manages to increase production and hold tight with minimal dilution - I feel this is an exceptional stock.

However, pls does not exist in a vacume. Financials need to be dealt with, and negative macro events could possibly prolong the hinderance of low demand. Not to mention the complexities of the trade war, given major buyers are chinese.

I personally would love pls and other lithium stocks to succeed - as it is indicative of a technological shift away from just oil and opening the door to renewable energy in tranaport.

But im on the sidelines for now.

GLTAH

My favs: pls, gxy ore