Perhaps, but the market is forward thinking. There have been quite a few bearish predictions recently about the future price of lithium. Whether these come to fruition is anyone's guess at this point in time, but you'd be reckless to dismiss it. At the end of the day, lithium is an abundant resource and every man and his dog are drilling holes for it, so just like every other resource boom, there will be a time of equilibrium and then oversupply.
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