Hi,
Waiting in the Lithium market just costs more money.
Global battery manufacturers contractual agreed to deliver huge amounts of batteries to car manufacturers (especially Tesla) and are now struggling to get the Lithium for the batteries.
The next blow to the Lithium market will be Omicron entering Western Australia with the state government totally unprepared.
PLS already did not meet estimated Lithium production because of labour shortages.
I see the Lithium price increasing very rapidly in coming months.
Happy to hold EFEOA
K
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