General Discussion, page-198

Ore processing suspended. Working through stockpiled material.

with Ev demand growth at 35%+ yoy and a forecasted 18m+ units for 2024, something has to give.

I was staggered at the Chinese ability to renege on long term off take agreements during the 2019/20 price slump. I am even more staggered at their ability to control prices.

we have seen the sector go from “scrambling” to lock in Battery grade supply, to an apparent abundance in a matter of months. It’s simply incredible.

I am starting believe that the entire sector is rife with corruption and vested interests, from the car manufacturers to the supposedly unbiased pricing agencies to the boards of companies.

when this pendulum swings it will be so incredibly vicious. Such an immature sector, that needed to grow up a couple of years ago. Not the case and the transition to a sustainable world is now highly unlikely due to the limiting factor, battery grade lithium supply.

why on earth would anyone lock up capital in this opaque, manipulated sector?? Convince me.

not advice