Hi guys, I have read a lot of reports and forecast on lithium lately, from both China and Western countries.
Of cause many lessons learned, and wished every day that I sold it back in 2022...but, let's face reality!
From all the articles that I have read, interestingly that all of them are pointing to the similar prediction. Lithium price is not at bottom yet, and it is likely to go lower, due to oversupply, in SHORT TERM (1-2 years). But from 2026, lithium market is likely to be in balance.
It is a simply "who can survive" game now! In order for the market to balance out on supply and demand, price needs to go further down to wipe out new and unsustainable miners. If this goes too aggressively, a supply deficit can be in play in 2026. If the price stays at this level, it will just take longer for market to balance out.
My gut feeling is telling me that, it is going to be ugly, unless magically demand starts to catch up. Like someone said here, I will not be surprised if it reaches 0.2c, if not lower. It is also trying to convince my to sell now and come back in 2026. But after 7 years of holding, I am prepared to hold until the 3rd lithium boom! It will come, just a matter of time. Even the chinese government is encouraging lithium companies to plan for long term, and acquire mines in this shit environment.
My only question and concern is, can we survive the next 2 years, without CR? I truely hope someone can convince me that we can. If we can't, we are doomed.....
For the first time ever, I change my sentiment to sell, for short term investors. (I just cannot press the sell button after all these years...)
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