Lithium still is in process of becoming a bubble IMO
Why?
Creating a bubble is all about it having the x factor and the unknowns.....which lends to an greed driven top.
Dot.com bubble always comes to mind, no one knew what those companies told become and how big....we now know and like most bubbles some companies prosper but most fail in the puff.
Lithium market has this.
How much lithium will the world need? In 3, 5, 10 years who knows. Tesla already claim to need the worlds supply.
How many product will require lithium ION batteries in the short, medium and long term.
When will supply exceed demand......will we have a shortage.....will the price of lithium spike...
The lithium price could be anywhere in 1, 3, 5 years.
Anyways unknowns can lead to crazy valuations as people only see blue sky potential.
