The ramping doesn't work., page-66

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31/01/24

12:39

Post #: 72157660
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Originally posted by LStruthers: ↑

Thatll be too late, too many mines will die out way before then and supply will be severely constrained well before that, I see around mid 2024 as government intervention will occur in order to keep the mining industry going sustainably, reason is because without lithium they cannot abide by the Paris agreement, without an increased supply they cannot achieve their targets on time. a mine takes a long time to build, if alot of these companies go bust, and lithium is at such a low price, the current miners wont expand or build additional mines as theres limited profit in doing so, at this stage their in a contraction phase limiting output to save costs, governments need them to produce more than they are right now in order to fulfil their obligations. Any forecasts stating otherwise are hoax articles designed to drive down price, so the instos can scoop up these companies at very low investment costs.

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The share price rise is always imminent according to you....and yet it never arrives.

Be the cheetah. Not the prey

"Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, but preferably one that is also sick or lame. Only then, when there is no chance it can lose its prey, does it attack”

SYA Price at posting: 3.8¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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