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9,034 Posts.
667
05/01/25
11:56
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not 2030....
most producers will go bankrupt ..
lithium need recover this year...
if they dont , 90 percent of mines will be closed...
most producers making a lost....
lithium spike 10x during covid....
they open so much mines , it oversupplied...
now they need to cut it down...
no one dumb enough to produce at current prices...
cap raised, dilution... delisting...
i own pls.... they got $2b in cash just incase lithium spot dont recover...
rio tino is betting on lithium recovery..
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