This has been an amusing insight into how quickly people shit the bed based on limited knowledge, rumours and innuendo. Typical herd mentality. Equally amusing is how joyfully the pond scum flock to any thread that may be portrayed as having a negative vibe at any given time.
The single issue is Lithium demand and price. The rest is simply the various strategies the different businesses that are heavily invested in the industry are employing to navigate their way through a situation that is somewhat beyond their control. In other words, normal business challenges that are faced on various levels on a daily basis, that in the Lithium world, are somewhat more exaggerated due to the higher volatility of the market forces.
Will it end well, or will there be no Lithium 3.0? Does this particular company have the assets and potential to deliver if and when Lithium 3.0 arrives? They are the 2 question people should be asking rather than trying to second guess people that are far smarter and more experienced than themselves.
IMHO
WR1 Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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