So many experts, with posts after posts. Oversupply and charts...

So many experts, with posts after posts. Oversupply and charts pointing to 5c. Which part of the downgrade /shorting don't you understand?
GS told people to sell Dec 2021 when carbonate prices were 163000 yuan and CXO 52c.
Current carbonate is 427500, 2.6 times higher and trading 95c. CXO now has a mine, resource upgrade, $145m in the bank and a producer, The space between the ears is the problem.
Pricing in second half of year is always higher than first half.
2022 started year with $1000 spod and finished with $6000. 2023 year start with $6000 spod, you decide where prices will be heading. Some still don't understand contract ( formular based) and spot price.
lithium production increased in 2022 but so did the price. Battery production is increasing at 26% year on year. Somehow there will be oversupply and a price collapse. Not likely., EOMs can't get enough batteries to make evs (increase sale), producing ICEs is making them broke ( falling sales). The Xi corporation is a constant manipulator, they use US banks as a tool.
One CXO mine per year can produce 350000 EVs, one EV model of 200000 is sold out in weeks. 73m EV units will need to be produced per year, in seven years. The reason they want people to sell, through shorting is obvious. Those who see through the bs and increase their lithium producer holdings will do very well.
CXO pricing is linked to market, contracts are negotiated each quarter. The Chinese converters came up with this. The floor, ceiling was abandoned long ago. The Chinese did not honour floor price, so now the producers don't honour their Bs. Also don't expect news like before, sad. cxo is now a producer, they sold DSO, they have to follow different reporting rules.