Point taken PC, you will understand too, that the cycle you...

Point taken PC, you will understand too, that the cycle you describe is the way capitalism works, albeit the result of: (1) financial cycle, (2) investment (capital) cycle, (3) building cycle, (4) Schumpeter's innovation/technology wave, and the (5) Krondratiev wave. They all behave in a similar fashion, create wealth, over-invest occurs, then the destruction of some of the over exuberant investment. Lately, its become known as 'RATIONALISATION'. It's inherent in capitalism especially.

It's manifestation is taking place in the lithium sector where we are experiencing simultaneously all of those mentioned above except for the Krondratiev wave.

Who and what will be left standing in the final wash-up is difficult to say. What I will say is we are not in the final leg of stages 2, 3, 4, or 5. The sector is nowhere near maturity, its just a process of rationalization to sort out the wheat from the chaff.

Speculating in commentary when few of us have the full information is to just 'p*s*ing in the wind'.

Investors do their research, with in complete info -- as is the case in most business decisions -- and after due diligence make a decision yea or nae.