...now this is listening to a lithium investor lamenting about China.
...calling out China, calling out shorters, calling out all those who they deem responsible for their lithium pricing woes, blaming others instead of taking the responsibility to see things objectively and understanding the state of play as it is (which is outside our control) and not remain in denial and continue to hope for an imminent recovery.
....it would be anything but imminent. A recession is more imminent than a recovery.
...I perfectly understand where he is coming from, but ironically people choose to stay with their investment sometimes more due to a need to show defiance rather than making an assessment of commercial potential, allowing ideology/what resonates(and what does not) come into play with one's investments.
Resource colonisation in the 21st Century: #Lithium "China is...plundering Zimbabwe's #lithium, disregarding proper labour practice, environmental, social and cultural aspects in areas they are operating in."
Artisanal miners in Zimbabwe, who are at the bottom of the #lithium value chain will only get less than 3% of the output value per tonne. #Lithium prices have slumped yes.
But spare a thought for the miners who are at the bottom.
