yes global recession will slow things down
the degree of slow down is unknown and the lenght of time to recover from recession is unknown.
some expert have said it may be a mild recession, due to strong balance sheet of corporate who have saved cash handout during covid.
also based on the above person estimate of pre tax of 400m....lets just say after tax of 200m.. It can justify a sp of $1 which makes the mc 1.7b
cos the profit is unknown now, i think market is pushing the sp down.
so, the recent auction price today, suggest we are not in recession as demand is not slowing down.
Lithium bubble is bursting, page-9
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