Galan news and media, page-183

Wasn't sure were to put this, so popped it under this media thread.

Oversold Lithium Could Be About To Rally

By Alex Kimani- Jan 28, 2019, 6:00 PM CST

https://oilprice.com/Energy/Energy-...y.html?utm_source=tw&utm_medium=tw_repost

An extract of a couple of paragraphs to give the gist...  it's worth a read, and includes some reputable x-ref to industry experts such as Benchmark Minerals (ie, there's a bit of substance and not just fluff journalism!):
"While it’s undeniable that the carnage managed to exceed even Morgan Stanley’s decidedly pessimistic outlook for global lithium prices to drop 45 percent by 2021, the fundamentals suggest that the selloff was greatly overdone and such low prices cannot be justified by simple market forces of supply and demand."

"A cross-section of materials experts have raised eyebrows at the negative assessment, criticizing the investment analysts for underestimating the rise in lithium demand and the complex nature of lithium mining and production ramps. According to them, both MS and Macquarie failed to account for just how big the gap between supply forecast and actual production can be.
And, they might be spot on."


What I find  very interesting about this editorial, is that it's from an Oil and Gas focused new site!  Could the Lithium rally be about to start again ?

"Oilprice.com is the most popular energy news site in the world. Our analysis focuses on Oil and Gas, Alternative Energy and Geopolitics.
Oilprice works with the largest names in financial news and provides news and analysis to sites such as: CNBC, Yahoo Finance, Nasdaq, Fortune, TIME Magazine, Huffington Post, USA Today, CNN Money, Business Insider and hundreds of others."