Hi there. And its more than just EFE that investors are fleeing from, but it does seem that speculative
type stocks are the most affected and that is nothing out of the ordinary when you take the current
uncertainty into account. In actual fact other than the uncertainty putting a scare into the market
the fundamentals still exist for the world to require increased amounts of lithium to support the change
over to EVs and away from internal combustion vehicles over the mid term.
It is not just EVs as lithium is also required for batteries in many situations for industry and households
for electricity storage in this ever changing world.
IMO this current market volatily is going to be with us for a while as Putin does not appear to be in any
hurry to invade Ukraine and I am starting to think that there is not going to be an agreement reached,
which means not much is going to change in the short term.
I think the longer the standoff goes on the less likely we are to see a war.
The media certainly do nothing to help either as they tend to sensationalise their reports.
We will all have to wait and see how the next few weeks unfold.
IMHO DYOR GLTAHs
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