Share price discussion, page-646

Or a signature serve of (perfectly balanced)spodumene scramble?
And hopefully a complete absence of BOD geese are, even now, incubating multiples of golden deals and hatching out some excellent low interest financing as well .
...According to the recent May Newsletter the demand for quality spodumene remains “strong” and genuine Stage 2 off take enquiries are still being fielded .

And, despite concerning share prices there is still potentially the silver lining that may come out of Altura’s Silver Sponsorship at the Lithium Conference in Chile last week?
....However https://www.detroitnews.com/story/b...-drain-capital-lithium-ev-batteries/39588525/ reports on the event saying “ the glass” and the rooms were a bit half empty because all the ‘risk capital’ investors are nowadays chasing pot rather than lithium .

“This year prices have fallen 17%.” It says.

There is also a comment, from Galaxy’s Anthony Tse, about the ‘Lithium Value Chain in Australia, the topic he presented with Altura’s Alex Cheeseman and Joe Lowry last Wednesday:
....this is also a bit glass half empty;
“Unless we start seeing meaningful slots of capital and checks being written for the sector, I see it very hard how you can get the amount of supply needed to meet demand,” Tse said during a presentation at the conference.
“You can build all the EV factories that you want, but if you don’t have any of the raw material, you can’t feed that chain.”

The story says while “the market is slightly oversupplied at the moment, it is expected to remain tight, with demand set to reach 1 million tons per year by 2025, from about 325,000 tons last year, according to BloombergNEF.”
Also
......Lithium miners need billions of dollars in investments in order to expand production and to keep up with demand that’s expected to rise at double-digit rates in coming years, according to conference participants including Anthony Tse, chief executive officer of Perth, Australia-based producer Galaxy Resources Ltd.
About $9 billion has to be invested across the lithium mining sector in order to add the 600,000 tons of new capacity needed to match demand in coming years, Tse said......”