Banter and general comments, page-38107

And how often has he been wrong the last 12 months out of curiosity?

Look at both sides, it's a bloody expensive exercise ignoring negatives!

I'm a holder and am planning on buying more but 3 things I have very high confidence in:

- we will be raising capital

- we wont be in production in the next 6 months

- this is not the absolute bottom

What I would say about current value is that the bigger risk is to the upside from where we are now, there's no analyst worth their salt suggesting this is low risk, most targets are to the downside and none of the reasoning is particular bad or poorly researched, although I would stress the following.

- supply side elasticity has not been adequately assessed IMO, production will drop more heavily than expected and take longer to restart

- stocks in the supply chain are going to deplete much quicker than expected due to the large lag between stopping mining and shipping end product (only people who have worked in supply chain logistics seem to get this) combined with continued strong demand even in a slowing economic environment due to high levels of Government support

- no value seems to be getting placed on exploration upside, not just in Lithium, it's like a free lottery ticket that comes with your shares