OK - now apply that same vein of critical/skeptical thinking of...

OK - now apply that same vein of critical/skeptical thinking of your competitors to the PLS scenario. No DFS, no plant, no customers, no sector experience, no sources of income. Hmmm.

Now also consider there's lithium producers on the ASX with multiple DFS's, plant in production, multiple customers on contract, sources of income, ASX200 listings... yet they're in a long established downtrend too. What of that reality?



So if all these lithium plays are in share price downtrend during peak supply vs demand deficit, what's going to happen in 2 to 3 years when it's recognised that lithium as a commodity will enter oversupply?


I'll jump back on the bandwagon once technicals turn positive. But right now, all signs are pointing toward the lithium boom being a bust for all players apart from the established kingpins of the sector (SQM, ALB, FMC, Tianqi, etc).