PLS 5.69% $3.16 pilbara minerals limited

Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025, page-66

  1. 6,850 Posts.
    lightbulb Created with Sketch. 4137
    moron stanley like all of us might learn something from reading this long winded article (not specifically about lithium) on why forecasting is so difficult. Both sides of the argument get it wrong.

    Sometimes all the forecasting in the world is no match for what’s staring us in the face.

    Let’s look at some things staring us in the face.

    Global warming - future ?
    now - bloody hot and past data confirms it is rising.

    Lithium - future?
    now - ESS and EV uptake is rising and bloody quickly with past data confirming it.

    https://link.springer.com/article/10.1007/s41825-019-00015-9

 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.