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07/09/18
09:57
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Also reference to ‘squeeze” came about as I was replying to squeeze comment in Haplo’s post
ie “Back then the iron ore miners acknowledged the oversupply issue openly but they wished to retain their market share by squeezing out the smaller players. Certainly not the same situation here now with lithium. “
And @Haplo in relation to your comment :
Originally posted by Haplo
↑
It's quite the contrast to what CEOs of the major lithium stocks are saying now when you compare it to the major iron ore miners 5 or 6 years ago when they were ramping up supply to obtain market share.
Back then the iron ore miners acknowledged the oversupply issue openly but they wished to retain their market share by squeezing out the smaller players. Certainly not the same situation here now with lithium.
It's only one or two of the major banks talking oversupply and managing to hijack the narrative.
Haplo
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“It's only one or two of the major banks talking oversupply and managing to hijack the narrative. “
While it’s clear Deutsche Bank has a desire to turn ailing fortunes around https://www.telegraph.co.uk/busines...nk-turns-investor-cerberus-turnaround-advice/
it seems Deutsche Bank’s narrative (according to Kidnan’s take ) is not talking oversupply .
“Lithium demand forecast by Deutsche Bank to grow at a 14% CAGR through 2025 800”
http://kidmanresources.com.au/live/wp-content/uploads/2018/06/KDR-Overview_dbAccess-Asia_vFINAL.pdf
(Or was not in May in Singapore )
What banks were you referring to please ?
Cheers
Last edited by
sabine :
07/09/18