Neo Lithium Corp V.NLC

Fallen share prices and Li suppress investment

[supersceptic]

...while demand is about to accellerate.
In minin the best cure for low prices is low prices. Investors are not convinced, everytime Li going up s/p stay flat or add a bit when it is going down, s/p go down.

Brine is cheap and slow to develop and rock is not profitable with these prices.
At the same time, Tesla just announced new truck and already got 200K orders. That is over 20% of Ford F-serie record year.
New factory in Germany is under construction.
VW is plunging in head first.

It is all begun to happen faster - most important new prices are nearly in par with ICE with no subsidies needed (and low maintenence will bring it to the par)
Chinese subsidies only distorted market. Organic sales would go slower, but Australia would be more careful creating glut. .

Now, supply is getting flatter, but inventory is still large, while demand is also got flatter (due to China deccellareation) that keep pressure on.
It seems that demand will curve up faster than expected and with limited new supply inventory will be sold out fast enough too.

I speculate that summer 2020 will be time when battery producers will see that equilibrium is coming and there is potential problem after that will start signing offtakes one by one.

It maybe worth waiting for much better deal and simply improve FS economics.