And I really hope you are correct. Because I've decided to hold my stock in ORE for now. You ask where is the oversupply? It is in the price per tonne. The price per tonne for lithium carbonate, hydroxide and spodumene have all slid dramatically during 2018. However, prices have stabilized somewhat at the new lower prices (from Nov/Dec onwards).
So I am really hoping you are right, and the 1H 2019 report we get on Friday this week doesn't send the share price down to $2.50.
ORE Price at posting:
$2.96 Sentiment: Hold Disclosure: Held