In the last global lithium podcast Lowry spoke of the potential of a spod over supply as conversion can't match Australian supply. As such there will be an enormous lithium shortage but not necessarily a spod shortage, leading to reduced spod prices.
as far as I can see extra conversion doesn't look too cone online until late 2019 at the earliest, which could mean stockpiling of spod and lower prices until early 20. Perhaps there is a spod oversupply rather than a lithium over supply.
this makes a good deal of logical sense to me at first glance, and I'm trying to think how this plays out for gxy. On one hand spod price falls hurt or current production margins, but potentially they make the Argentinian product look more desirable?
interested to hear what others thinking about this? Or if others see more conversion coming on earlier than I've predicted.
GXY Price at posting:
$2.17 Sentiment: Hold Disclosure: Held
