In positive medium term but I hope there's more than $1bn sitting there as we've already put in well over half of that first billion... and seen that well over a half lose value.
If lithium is set to 'rocket' in the next year or two, why have lithium futures been going backwards until just recently? Lithium carbonate is still on the way down.
Your supposition that prices will continue to rise ignores normal supply demand tensions.
These good prices may improve but if history is anything to go by, 10% or so of the juniors will survive, and they are almost exclusively new players, especially in America.
Exisiting producers can also increase production.
This is one of the least transparent commodities on the planet.
Some of us seem to be ecstatic about the possibility of making money in the future- and it sounds like almost a lotto win type earning- I'd like to at least have something to eat in between now and when we all become billionaires...
I argue that we we are in a good spot right now- so strike that iron while it's hot!
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