What is behind our Galaxy's falling share price?, page-450

People are questioning: why is the market so negative on Li?
One (of the many factors) that is driving this negativity across the board is the analysts forecast of future pricing. This expectation seems to be deteriorating on a daily basis and this negative view seems to be getting more widespread (and prolonged).
Here is the latest Li price forecasts from MacBank taken from a review of ORE dated 4 Feb 2019. These numbers are the worst I have seen in recent times and it is this negative expectation of price that is driving the valuations lower.
It is apparent from the recent comments from Joe Lowry and other gurus we are in for a period of low price expectations. The question is: how long will this negative view on pricing prevail??

	Column 1	Column 2	Column 3	Column 4	Column 5
0	ASSUMPTIONS	FY17	FY18e	FY19e	FY20e
1	Exchange Rate A$/US$	0.75	0.78	0.72	0.72
2	Lithium Carbonate US$/t	10,698	13,709	11,563	7,525
3	Variance (year on year)	75.4%	28.1%	-15.7%	-34.9%
4	Lithium Hydroxide US$/t	12,303	16,909	15,031	9,783
5	Variance (year on year)	46.6%	37.4%	-11.1%	-34.9%