OTCQX:NTTHF - Post by User
Post by
LithiumNPVon Feb 12, 2020 12:56am
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Post# 30678090
Oversupply Runs Through to 2025-27
Oversupply Runs Through to 2025-27The demand for lithium carbonate is 300,000 tonnes. The supply is 360,000. If you don't think this is a big problem and prefer to put your head in the sand why don't you buy some NLC right now and see if I am right that it has to go below 50 cents again and stay there for the rest of this year. This is how the market will react when it realizes NLC has run out of money later this year as forecasted.