You say "there is no lithium price" but ALB, the second largest producer has suffered a massive contraction in share price since the lithium price topped out in Q4 2017. At the same time as the phantom lithium price topped ALB's quarterly revenue and quarterly gross profit topped. I do not care what will happen in five years time, I don't care how many EV's will be built in 2030 I care what happens in the next 2 years. At the moment I care where the bottom is. I am not trying to ride the SP wave up and down over the next 12 years, I want to get in at the bottom and off at the top multiple times before we get to our destination. The industry has been cycling at a rate of 3 years, so who really positions for 2030 now? Certainly not me.
GXY Price at posting:
$2.20 Sentiment: Hold Disclosure: Held
The industry has been cycling at a rate of 3 years, so who really positions for 2030 now? Certainly not me.
