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Zeeshan

7,654 Posts.

618

03/10/19

23:54

Post #: 40716950
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Originally posted by fnbig1: ↑

Interestingly on the 2025 estimate, I bumped into an old friend who happens to be involved in a private company that extracts lithium from clay. (Apparently high yields and a very low cost process) anyhow, I digress, I asked him when he expected prices to tick back up and he said 2025.

I was a bit taken back by this / I wasn't expecting this answer from an industry insider / someone far more invested in the industry than I am.

I am of the belief that the market typically front runs the actual tipping point so it is likely to be earlier but am also preparing for the worst / that it could be this time frame.

Until then, I am prepared / ok to be patient and wait it out. When it eventually does pop, it's going to be a hell of a ride!

Gltah

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This doesnt make any sense.

by 2025, majority of the lithium producers will go bust if the lithium prices do not rise.

forget 2025, by next year 90% of the lithium producers will go bust if the prices do not start to rise. They are already folding right now and A40 is a prime example.

there will be many more A40s by same time next year if the lithium market keeps going the way it is.

Who is going to feed the giga factories and how?

GXY Price at posting: 99.0¢ Sentiment: Hold Disclosure: Held
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