Buyers beware. Check out the historical prices of established...

Buyers beware. Check out the historical prices of established lithium plays in the local sector. PLS, GXY, ORE, NMT, etc. The charts are all the same. Significant initial ramp up. Speculators take profit. Investors get locked in as they hope to break even. Gravity then takes control of the share prices.


Yes, Tesla will have 40 rivals by 2021. But if even one-in-five of the highly speculated, viable, market-traded lithium tenements around the world actually make it to production, there's no reality other than a commodity glut, and a bottoming out of commodity prices. New lithium entrants aside, the big boys of the sector are all ramping up too. Their extra output alone will satisfy demand projections.


Very hard for greenwood operations to compete against companies with rich sector experience and very deep pockets.