Good News & Bad News, page-43705

Don't be fooled -

the only way the demand for Li is satisfied mid-long term requires pricing @ $1500-$2000USD per tonne minimum.

Artificially pushing pricing below $1000 shuts mines and stops investment. In this current price range most of the predicted supply by the big analysts does not come online.

There can be only one response to this by the market - a pendulum pricing swing up/down. The further depressed the higher the rebound.

If you claim that there is no artificial pressure keeping pricing below $1000 - please provide data proving sufficient mines profitable at this level to supply current demand let alone predicted demand.

As previously done by the BOD - setup now to ride that upswing baby.
PLS. banked almost $3billion last swing. what will that figure be at P2m?

To coin a phrase from another poster - they ain't getting mine. not at $3.xx anyway .....lol.

All the big players are busy accumulating while speaking of oversupply & sustained dips. it's a classic feint. Why buy when your analysis is zero profit for 5 years?.

All imo.