Free
Message: Re: Danger Ms. Robinson.
2
Cal
Aug 15, 2023 02:23PM
1
Aug 16, 2023 05:46PM
2
Aug 17, 2023 01:23AM
1
Aug 17, 2023 04:44AM
1
Cal
Aug 17, 2023 01:12PM
1
Aug 18, 2023 01:23AM

Okiedo, it's good the mood is intact. We should probably have been on trader since, but who would have thought it. Gradually, a picture is forming of a receding Lithium market and falling prices, now USD 32,000 per ton, and it is quite a drop, but still far above Lac management's budget calculation. Can't help but think that GS (Goldman) was out pointing out this decline in an analysis a year ago.

I was one of those who was very much against this analysis, and I would like to apologize for that to everyone, because GS had seen it right and unfortunately it must be acknowledged.

I am still of the opinion that the need for Lithium must be increasing, but over the next few weeks I will try to investigate the supply of Lithium and whether the figures we know are valid. After all, China can rely on much larger production than they state.

I am keeping the strategy of buying with all the capital I can get for the rest of 2023. Have a good weekend

Share
New Message
Please login to post a reply