OTCQX:NTTHF - Post by User
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LithiumNPVon Feb 25, 2020 8:58am
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Post# 30729852
RE:RE:RE:RE:RE:RE:OM! LFP in Teslas
RE:RE:RE:RE:RE:RE:OM! LFP in TeslasPapino0 wrote: Totally agree , higher lithium price should be the primary trend mover for the stocks and it's quite good to see them that strong while the price only flattened... But uncertainties comes with Covid-19. The 2021 forecast for true uptrend looks possible after everythings done and nlc construction starts! That's the new highs time i think...
H1 2021?
Since the demand is 300,000 tonnes and supply is 360,000 per year, inventories are building up. The demand/supply balance is not going to occur until 2025-2026 at least a half a dozen reports show so it would be odd if you thought the bottom was in for NLC this year or next.