Everyone is talking about EVs in ASIA especially pollution affected countries like India. EVs are badly needed by emerging market.Even public transport buses are replaced with EVs in all major cities. The cheaper the EVs the better so people who couldn’t afford before are happy to buy. It is going to be volume game , Not a value game . But lithium supply will be limited due closer of small and uneconomical mines. Only big players will survive. LTR is a big player . LTR Is a takeover target. Why CE is buying everything LIthium. Ups and downs are normal in resources sector. I remember Iron ore price was in gutters and BHP was around $7 or $8 . The sp of many lithium producers are down because of shorting ( gambling) . Like South Korean govt , out govt should put some restrictions\ limits on shorting like no more than 5% of issued capital . This sort of actions are overdue.
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