Anyone who thinks lithium is/will be over-supplied anytime soon...

Anyone who thinks lithium is/will be over-supplied anytime soon needs to study exponential functions. The giga factory (Tesla) doubles global demand for lithium at full production. Other car companies are planning their own giga factory equivalents. It doesn't take many of these for 400-years of lithium supply to become 200, 100, 50, then 25 and so on. Lithium fundamentals are strong. They are also a tiny percentage of battery costs and so higher prices do not break the supply chain. Brine might be cheaper and more plentiful than hard rock, but if you want high performance batteries, high grade hard rock is what you need. And is what AJM have. All IMO.