The electrification of transport is still far under estimated by analysts.
I haven't found any analyst who forecasted the Lithium price rise.
I forecasted a substantial rise in Lithium prices about 6 to 9 months ago in one of my previous comments here.
There is almost no Lithium available in the Spot market.
Saudi Arabia entered the race to rival China by purchasing Lithium explorers' shares.
Lots of money will still flow into Lithium miners.
Surprisingly there is so far no Australian Lithium ETF that invests in Lithium miners and explorers as far as I know.
Current producers are awash with money and it would not surprise me if takeover offers will be made in coming years for some explorers.
We will find out.
K
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