...now this guy is not in denial. More lithium supply is on its way, regardless of what EV demand is like.
...lithium hodlers will poo-poo DLE as they do Chinese lithium as they do on battery chemistry evolution. They are in denial that cheaper lithium prices is necessary to facilitate mass adoption of EVs.
...eventually lithium producers make money from production expansion rather than rising prices. But not every lithium miner can do that, their long term valuation is dictated by prospects of their reserves and their capacity to be a low cost producer (like Greenbushes) while bigger players pursue M&A to expand their geographical footprint and uncap their production limits.
...gold miners have a different problem, their commodity price keeps rising long term but their production tonnage could dwindle over time.
...I think gold miners have a better advantage in the long run.
