“A broken clock is of course right twice a day and Goldman has been bearish on lithium for a LOOOOOONNNGGG time. They say it’s “too early to call the bottom of the lithium bear market”, which they obviously would, having called 2024 lithium prices of US$11,000/t back in late 2022, compared to market consensus at the time of ~US$29,000/t.”
I wonder how they are going to “sell” the apparent metrics of a project to financiers when they are calling pricing like that and a massive oversupply for the next 5 years.
Clown world.
AGY Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
