Hi We (family) are still holding all 46M and will hold for the...

Hi

We (family) are still holding all 46M and will hold for the coming years.

I was at the Renault car club meeting last night and the MD of Renault Aust gave a presentation for the Renault's coming product over the immediate future. He stated that Europe is fully committed to EV and and trying to ramp up ASAP. He said Europe is a generation behind China and Europe is trying to quickly address this imbalance through getting their supply chains built, and these by mandate must be located in Europe. Like the USA and their approach with subsidies being linked to local battery content.
I see in the near future (1-2 years?) the demand for lithium will be out of the control of China.
The price of lithium will rebound. If not supply will dry up and no new mines will come on. As the demand is only increasing who is left producing will be in the box seat.

I think it will be a different picture this time next year. I keep telling my wife stop panicking and look at the big picture.

Merry Xmas