"We're seeing characteristics of a bubble in the equity markets...

"We're seeing characteristics of a bubble in the equity markets for lithium," Bell Potter Securities senior advisor Giuliano Sala Tenna said.
"I think the physical spot market is not reflective of a bubble at all - it's about supply and demand. We have seen the price for lithium go up a lot because there has been a really big increase in demand."

Say's it all really.

Only five mines in production over a decade and demand now skyrocketing. The Lithium has to come from somewhere and the quality deposits will be the survivors.