Well its always been like that. Years ago when I was invested in iron ore, they took the Ore price down to $40-45 Usd / ton... This went for a few years and once the demand picks up the prices move up north...
Hence what we read now about lithium supply/demand increase between 2022-2025, can come true and spod prices can rise back to $1000/ ton...
In the end, if AJM amd PLS can survive next couple of years then these 2 can be in a fantastic position with their low cost production. New players... Well its going to take them years and years to come into production n even longer to acheive nameplate. Hence these 2 can easily be multi baggers from here for new imvestors..
For me its long hold untill I break even and then decide...
All IMO
Arjay
AJM Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
