Rodney Hooper already talking about $20k/T “in the short term”….there’s that momentum I was talking about previously! Should be a shoe in to reach over $30k/T by first production in 2027 and by then, the supply side will not have had the opportunity to build to satisfy the projected demand and the supply deficit is only expected to widen through to 2030 and beyond. Just look at the Benchmark Minerals forecasts!
We will get a very good preview of how explosive the Lithium price momentum will get through 2024…..and will have a much better view of the path to $30k/T from there.
Ganfeng rising 10% in a single day also gives us another sneak preview for what’s in store for equities across this sector soon enough!
LKE Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
