Give Reason to hold or invest in CXO, page-115

can someone explain why there are still up ramping on this stock and not look at the fact and macro conditions that are headwind against cxo n other Li producers.

the mines still in maintenance..... no sign it will restart.

forecast Li price still low to make profit.

jhina still has issues, so cant boost more consumption of EVs.

usa, still wont convert more to EVs.

europe has war n immigration crisis.

world still has inflation n high interest rate.
Food
Shelter
utilities
BEFORE
EVs

i am slightly concern about PLS but i think its has enough funds to produce and wait til the next jump in Li price.... 2026 or 2028.

But where will cxo get the fund to wait til 2026 or 2028.

Or where will cxo get the fund to change direction to uranium.