RE:RE:RE:RE:RE:RE:RE:So Far I've Right About Oversupply and Bottom Not till 2021manuels wrote: Anyone who predicts 2025 is a conman. Just look at Tesla, hyped one day, next day its going bankrupt, the day after it's producing beyond expectations. The fact is that NLC has one of the best mines in South America. The dude is afraid he'll miss out if the company gets bought out
These analysts who say the oversupply problem continues to 2025 are not conmen. They have looked at all the players, forecasts for their own production, including falling short of nameplate production, and they come up with 2025-27 as the balance point. This is far considering there are only about 3 million electric vehices being produced this year, and a good portion of them are not even BEVs.
You are telling me that you are losing lots of money on NLC and are trying to convince yourself the price will take off, as you put your head in the sand to the oversupply problem. I would not wish upon my worse enemy to be in your shoes.
Nobody mentioned anythingabout anyone going bankrupt.
NLC is not going to get bought out so nothing to fear there. You're hoping on a wish and a dream. If anything NLC will strike a deal, but that is shown to be much more difficult than first thought. Nobody wants to give NLC $300 million for the plant.