How the fuck can there be an oversupply with the current market demand and predicted future demand. Tell whoever said that to get off the crack pipe.Sitting back watching my lithium investments soar higher n higher so much for the over supply
Yea man that’s what I reckon but I e heard it a fair bit in the last few years mainly from investment banks with a hidden agenda ie Goldman sachs JpMorgan them sort of dogs oh yea can’t forget China with their manipulation of the spot pricesHow the fuck can there be an oversupply with the current market demand and predicted future demand. Tell whoever said that to get off the crack pipe.
I seen this the other day 1000km range is insane I’d even think about getting 1 with that range but I’m pretty sure the up spike was caused by the slow turn around of lithium chemical and spodumene prices bottoming out at about 4K US a ton which makes lithium mines unbelievably profitable at that price I’ve seen many ups n downs over the years in share prices let’s hope there’s more to the upside IMOWonder if that announcement of new battery breakthrough/tech last week, might've influenced a spike?
Think this might be it.. CATL unveils battery that may power electric airplanes and 1000km-range EVs