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Message: Lithium price

HC: "It looks like we are on a turnaround in Lithium prices, rising slightly for the first time in a very very long time"

 

Someone on TOB speculated that many companies will restock lithium during the last 2 months of this year.  I have no idea whether or not there is any validity in his/her statement, but one can only hope.  This continued down slide in share price of LAC and LAAC is more than merely disappointing.  DOE Loan approval could not come too soon.

At present it would seem to be an ideal circumstance for deep pocket speculators who are fully aware of the potential for share price increase over the long haul and want to take advantage of retail investor frustration with LAC and now with LAAC and decide to bail.  Orchestrated?  Maybe, maybe not... but does that matter.  Result is the same.  Good news for deep pocket speculators and crushing disappointment for long term investors.  

So, if HC is correct and Lithium prices have bottomed out and now are on the upslope then maybe this melodrama we are presently in is about to take a turn for the better, however Autumn is here and Winter is not all that far away... not exactly "Car Buying Season" for potential  EV buyers.  It may not be until Spring before the FOG clears for LAC and LAAC retail investors.  DOE Loan approval, should it occur, might just turn out to be a non event re: share price, at least in the short run.  Lithium Demand is probably the big key to seeing share price lift off.

Okiedo

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