It's one thing for an asset to be producing, and it's another to be able to sell the product it produces.
As an example, I can set up a company and produce widgets. I might struggle to sell those widgets.
Time will tell whether 1) SDV ever produces and 2) SDV is able to sell its product
I'm not spreading FUD. You guys need a balanced argument. I see a lot of one-eyed fanatics here that are blinded by love and taking whatever the industry is telling you as the gospel truth. I've said demand will increase for lithium, however, the forecasts I see here and published elsewhere are very ambitious and, IMO, are likely to disappoint. Sure, if demand does meet those forecasts, then there will be a shortage of lithium. But with the numbers I'm seeing, I just can't see how those forecasts are possible.
GXY Price at posting:
$1.22 Sentiment: Hold Disclosure: Not Held