Personally I don't think its going to get to 1-2c range. 3.7c is...

Personally I don't think its going to get to 1-2c range. 3.7c is already 'blood on the streets' territory so I'm back into buy mode now. I won't be surprised if it bottoms at 3c or even 2.5c but the turnaround can't be that far away under current conditions.
If China is the one suppressing prices to the point of it being un-economic in their own overseas Li mines - at the same time as they have high unemployment and their giant housing bubble coming unstuck to the tune of hundreds of billions. Then surely they will need to prioritise finances towards bailing out their building sector or stepping in to take over from failed building corporates ranging from those 400 billion in debt all the way down to smaller coys on the ropes. Its the engine room of their economic growth so I wouldn't bet against that. #priorities

My prediction .. slight downward but more sidewards trend sticking until April-May then bottom in and reversal trend upward evident in the June quarter with real gains coming in the sept quarter as inflation continues to be reined in and interest rate decreases start to kick in - boosting confidence, consumer spend power and in the process EV demand again.