ESS 0.00% 50.0¢ essential metals limited

The Lithium Boom, page-7

  1. 873 Posts.
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    > Don't forget we don't get to see who is swimming naked until the tide goes out...
    > Pio seems a great prospect to me but there will be some that tank when
    > this lithium speculation all plays out

    I think that is well said. There is a famous model in economic analysis known as the "Cobweb model" ... while demand for lithium may be rising, at the same time, the enormous amount of supply coming on-line in the next few years may very well see this bubble pop quite spectacularly by the time these late players get into production (if they ever do). Each to their own, but I would be cautious about some of the johnny-come-latelies to the lithium game.
 
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