LRS General Discussion, page-13874

It is 95% to do with tanking Li prices and China is on the nose massively.

I am also not ruling out a global recession of some magnitude occurring in the next 6 months.

Majority of indicators are showing inflation is still high, economies are stretched and debt levels are elevated.

If this happens not many cars will be sold and there could be a surplus of Li for a couple years to work oitself out.

The timing is very annoying as just another 3 months of clean sailign and eleveated Li prices a lot of us could have cashed out at 60-70c,

The plus side is when it does work its way through we will come out the other side with one of the better Li mines on the planet and be well positioned to prosper - so the patient holder should ultimately be rewarded.