GXY and PLS threads were full of exactly the same posts as here...

GXY and PLS threads were full of exactly the same posts as here in 2018 - 2020

Blah blah blah downrampers, shorters begone blah blah blah, the bottom is in blah blah blah……..

I was part of that crowd.

I learnt a hard lesson.

The sector is dropping for a reason, and some companies harder than others and some you would not expect but they still are. Thats the market. Good luck going against it unless you are willing to accept some losses.

The sector has crap sentiment for 2 key reasons, both linked:

1. Chemical pricing is in the toilet. The underlying driver of spodumene pricing.
2. Over supply created by supply from unexpected sources, certainly the qty - Africa DS0 and Spod, and Chinese Lepidolite. Impacting above point 1.

EV’s are doling well, but they are not setting the house on fire enough to pick up the extra supply.

There is currently no sign of the above 2 points abating in the near term.

IMO