Hey mate, there's more than enough optimistic posts here, it's all been said before. I know you might think I'm being pessimistic, but honestly I just think I'm being realistic. I wouldn't be invested solely in lithium stocks if I didn't think there was a future in it.
I definitely agree with you that demand is coming, but sustainable change is never as quick as we'd like it to be, and I think 2024 will still be a pretty rough year. I don't think it's going to get much worse (if at all), but I also think there's a very good chance that lithium prices will simply bounce around where they are or maybe rise slightly in 2024. There's just too much supply in the pipeline, and things don't unwind instantly so it's going to take time. Personally, I see a few more operations being wound back until we reach supply balance sometime in mid-late 2024.
I know it's not a popular opinion, but I'd rather be realistic and pleasantly surprised than optimistic and let down (yet again).
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