Next 6/9 months could be crucial not only for A40 but other lithium miners.
There is no doubt about huge progress in EV industry and from we read some European car makers are suffering from shortage from battery supplies.
The key is every process from mine to battery and China was first into developing convertors which is the first step for lithium.
I do believe that in very near future, more Japanese, Korean or European companies will start investing more in hydroxide production and under pressure and fear of new competitors, Chinese will comeback to secure spot supplies.
Let's hope we will return to them what they are giving us now and hopefully we see the day when they will beg Aussies miners to secure shipments.
And that's where I see silver lining for lithium investors buying at current prices.
The question is who will survive before this turning point appear.
Cash(GXY) and A40 (low debt) could be a long term winners.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
