I agree that PE values of many companies have been very high, but given the shift to EV's is going beyond infancy and that of supply of lithium is unlikely to match demand it's going to perhaps offer a shift of investment whilst a short downturn that offers opportunities.
Pilbara working out the deal with POSCO currently is probably going to work in the favour of this company.
A re-evaluation of investments might become of any downturn and companies tied to the EV shift might end up sustaining well or growing substantially as investors seek refuge in a future plan.
Thats kinda how I see it.. what do you think @bilsto?
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