I guess even thou we are invested in a hot sector, as they say – water lifts all the boats , so and opposite is true. I suspect some maybe overreacted to ALB quarterly report. ALB is not LAC, ALB has own challenges, offtake agreement, cost of construction and already high SP. They project a bit lower Li price this year but future still looks good , some investors maybe do not take time to read, here is few words from their report:

 “…While Albemarle's demand outlook for lithium is above third party estimates. Our outlook is below some of the more ambitious targets from automotive OEMs. For example, Tesla's vision of three terawatt hours of battery production by 2030 would translate to roughly 2.3 million tons of lithium. That means that Tesla's demand alone would exceed estimates for the entire market.

Additional regulatory impacts for example, if the U.S. decides to adopt more European like EV incentives would be incremental to our estimates. Total lithium demand is expected to grow by about 30% per year from 2020 to 2025, led by lithium consumption and electric vehicles, which is expected to grow by 47% per year.

Two other trends support lithium demand, increased adoption of battery electric vehicles and larger battery size. Battery electric vehicles and larger battery size improve the consumer experience with longer driving ranges and innovation in batteries is also driving shorter charging times.

It's important to note that this outlook does not assume a major shift in battery technologies over the next five years. Advanced battery technologies like solid state batteries could potentially increase lithium intensity later this decade….”

 No more coments needed. By end of the year investors would  wish could buy LAC for $20.