It's emotional and irrational, so I have no doubt it makes sense to you.
The current panic has become a contagion. It will spread until people stop panicking.
For the rest of us who are not panicking, everything on the fundamentals stacks up on this one.
Plenty of lithium wannabes and lifestyles will die this year, IMO.
Rather than look to it as a harbinger of things to come for lithium companies generally, it is what will make those left stronger.
The cure for low prices is high-cost producers leaving the market and the pipeline of new projects dwindling.
Explorers stop exploring and save their cash for another commodity.
The new black will be new projects with 100Mt+ deposits in tier 1 jurisdictions where the deposit can be mined profitability regardless of prices. There are so few of these around, but Winsome will be one of those few.
Demand for lithium is still growing rapidly.
There is no changing the fact that there will be a large and growing market for lithium.
With fewer producers to feed that demand, those producers will again have the whip hand on prices.
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