I agree that it will. Or I wouldn't hold shares in any lithium company.
In terms of evidence of supply growth, that's pretty difficult to quantify without looking at trade data. Given a lot of the material is coming from countries who don't make that transparent (Africa, China etc) everyone is playing guessing games. So, the best way to make that determination is to look at the spot price. Unless of course you think it's being manipulated.
Good News & Bad News, page-36336
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Last
$2.87 |
Change
0.015(0.53%) |
Mkt cap ! $8.507B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.87 | $2.78 | $18.32M | 6.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 310552 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 177371 | 38 |
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| Last trade - 15.18pm 01/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |