Originally posted by stevo 111
Hey mate.
Your eternal optimism is awesome.
I just don’t quite know if we are there yet?
I’m reading the same stuff, and there is some very promising content. Seen this many times before.
In saying this EVs up 57% on last year, carbonate price looks relatively stable, supply sure as hell ain’t going to meet demand this year.... and what’s the other big one that nobody seems to what to address???
That’s right, it’s the 68 giga factories planned over the next few years, where the f//k are they going to get that supply from? China lol, Chile lol, Aussie, not for another 2-3 years at best.
As all are aware the forecast demand figures are a joke and every time they are rewritten they have major upgrades.
Failure to include the booming storage demand will only further play with their forecast figures. And yes we all forget about the billions of small devices that rely on the good old lithium to power them.
How about the planes, trains, ships, and busses. And now there is the trucking industry seriously interested. Holy smoke forget about the 100kw battery in the Tesla, they are putting 900kw batteries in trucks, and this the beginning. Don’t forget to look st the mining industry, there are some big developments there with the Canadian wa
So Just_Westy I suspect our day is coming soon.
Best luck to all.
Cheers mate.
I'm not an eternal optimist as I sold most of my stocks last year and was pulling cash out of the market during the year and banking profits whilst prices were falling and limited myself to some ST trades. I traded out of GLN twice but now but staying put and only just bought back into AGY after banking a few bags last year.
I've just transfered more cash into trading account to buy more Li stocks as I think they have bottomed out for the most part. I watched a lot of people lose a lot of share value over the last 12 months me included before I acted to preserve profits. I know people who have lost 90% of their portfolio because they wouldn't sell or traded a falling stock for an even worse one .... bugger that.
Battery metals seem to be bumping along the bottom for now which to me is a good signal to buy.
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