Brokers Valuation Reports, page-123

Many maybe worried about their holdings due to fall in sp. Points you may like to consider.
1. Why are institions like ubs, Macquarie and ms forecasting a fall in price when all productions are spoken for before its produced.
2. Why are they so interested in lithium, not only to spend time and effort in researching but to buy and hold shares in lithium miners. They involve themselves at raising funds to start up lithium miners.
3.gxy currently has 14% shorted. This number require at least two major holders of 6% to lend their shares. They short and down grade but continue to hold.
4. The number of shares to cover is 56mil units. This number is not available on market. They short the sp to convince retailers lithium is out of favor.
5. The investments on ev infrastructure, solar and battery storage is increasing, they wil not be going in the bin this year while they are being built. Honda, Toyota, tesla, ford, great wall, Hyundai, not to mention vw contract for $23 billion in battery. Even Shell and BP sre investing in lithium battery technology.
6. Lithium battery has been studied for 50 years. Chemically others will replace it in the next ten.
7. A mine take one year to build. Two years to production. Theres no over supply posible. Supply is spoken for 2 years in advance.
8. The instos missed out at the bottom, they now want it back and you to sell your holdings. Driving the sp down is the only way they can do it. The Dow jones is down due to google, amazon, apple and banks. Some how this is connected to collecting mineral salt (lithium ore). Dso is like trying to collect calcium in ones own garden.
9. No major powers will go to war. None can afford it. Gfc, over supply of houses. More have been built and still not enough. If there were two evs per street, current world supply would need to double and so do lithium price. Within 5 years supply need to increase ten fold. We be lucky if world supply doubles.