with Tesla slashing costs and lithium power storage taking off globally (with geopolitical step change in energy supply strategy) , cheap, abundant global lithium supply demand just got very real . Soft(er/ish) landing expected by more and 2023/24 recovery planning well underway by the economic front runners . Patient as I am , I would be very, very surprised not to see the ML arrive as we emerge from the rainy season . One might guess that byd are on the phone to Catl , zijin daily pleading “get this sorted and give us the li or we are telling xi”.
IMHO 2023 is the year this all gets sorted and longs get rewarded.
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
(20min delay)