The sp for many lithium stocks are not out of woods yet. Bulls...

The sp for many lithium stocks are not out of woods yet. Bulls and bears have both been right. The arguments have been for different markets and time frame.
What's the color of an apple?
Green- oversupply
Red- undersupply
Yellow- balanced
The problem has been analysts as well as investors lumping everything together.
There is carbonate and hydroxide. Within this there's battery grade and non battery grade. Whithin the battery grades there are different tiers of producers. Within the tiers of producers there's chemical suppliers (converters) to match the tiers of battery makers. Each tier of battery producers have different uses and quality. Not all battery grade chemicals are equal and not all batteries are equal or for the same purpose.
Many investors were one yearly early in the excitement. The prices placed on many SP was put on future earnings and not present earnings.
The hard rock mines were built in 2018. They came on line in 2019. The converters only had capacity for up to 2018 supply. In 2019 the battery orders came in higher than the converters and battery makers can produce. To meet the battery orders, the converters must upgrade their facility to fill the orders. The hard rock miners can't feed the converters while upgrade is being done. In 2020 the converters will come back on line requiring more than the hard rock mines can produce. The current brine production cannot meet the battery grade orders on their own.
The demand is so big, battery gigafactories must be built to meet the demand. The problem is they are at least 12-18 months away from being built and reaching max capacity.
Tesla for example is top tier. Elon has stated there's not enough supply. These batteries are high performance with longer life and hold more energy.
The lower end EVs in china use lower quality batteries, they have shorter lives and travel shorter distances.
The incentive in china is for producers to make higher quality EVs. The cheap producers of chemicals and batteries are getting pushed out of business in favour for high quality to compete with the likes of Tesla. Tesla just broke another record. Who says demand is falling? The autos are switching to EVs because car sales are falling. EVs are not cars. Cars have engines, fuel, water and air systems. EVs are computers on wheels. Then there is a booming energy storage market starting.
In 2020, 2021 and forward the demand will be more than the mines can produce. The existing auto makers cannot afford to stick with ICEs. EVs are at parity in cost at purchase in 2021/2022.
Those that believe in this E-revolution, 2019 is the time to buy. Those that have bought higher should see their investment returned in 2020/2021. It all depends on the individuals worried SP will go lower or be much higher in 2020/21.
The demand is there and will outstrip supply by 2021. Many companies are raising funds to meet this future demand. Problem is their value will be affacted short term.
The banks purpose is to make money. Creating fear has become a tool. If the demand is not there, why then governments around the world are building infrastructure to meet it.