OK so the index price of Lithium has fallen (for the 1st time in 6 months)
https://www.mining.com/lithium-stocks-fall-as-prices-ease-for-the-first-time-in-6-months/
'
OK nothing to dramatic there is it. An overhyped case of "Demand Deferral" not "Demand Destruction" - think about it ... demand destruction is what is happening to ICE vehicles ... every EV purchased is an ICE not purchased ... recession is going to slow adoption not matter the subsidy offered (job security is important to a consumer of anything).
Somewhat of an over reaction on ASX compared to US markets
Nonetheless, shorters don't help but I tell you what else isn't helping and that is trying to get some sort of color from company mgmt on the Yahua OTA agmt ... I suspect their silence is either they dont want to talk about it as it has a negative implication or they are that freaking busy that they (CEO/CFO) can't find 15 mins to clarify for a shareholder the terms they have release to market under a previous mgmt team.
For me, that is a greater risk than the shorters.
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