Hi,
Makes total sense to me.
Yesterday's auction may be evidence of the desperation of battery and car manufacturers.
I personally believe that Lithium prices are on an unprecedented trajectory.
Not sure why professional analysts don't see this.
Battery and car manufacturers can close shop without Lithium. It is a sellers market.
In my opinion Lithium is a lifetime opportunity this decade.
The next wave in the Lithium market will be mergers and takeovers. Current producers will pay premiums to buy additional resources with their exploding revenues.
This decade will be the decade of Big Lithium. (The time of Big Oil is coming to an end.)“History never repeats itself but it rhymes,” said Mark Twain
K
Good News & Bad News, page-3805
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