I knew CE was being a tard by buying these lithium assets at the top of the cycle, but I was just as stupid for not acting on that thought and dumping my load back to market but this is all a long play now. The assets will invariably pay off but the major issue is that the "the markets can remain irrational longer than you can remain solvent". The leverage is seriously dangerous, but f*** it, we are here now. Time to just hold on.
Now I cant answer much about the African spod production but I quite like turning to this post.
https://x.com/sparkes_dwayne/status/1742365977202106636
China have (i think) artificially ramped Lepidolite production by subsidizing its production with the aim of intentionally suppressing price to gain footholds into the EV market... but there are still ongoing concerns regarding its ongoing stability...
It is literally a waiting game now. Not sure who will blink first though.
I knew CE was being a tard by buying these lithium assets at the...
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