OTCQX:NTTHF - Post by User
Comment by
LithiumNPVon Mar 06, 2020 2:32pm
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Post# 30776711
RE:RE:RE:Very Soon!
RE:RE:RE:Very Soon!shahabstarship wrote: Good point about the pressure tactic. As I have said before, any financing announcement in the current climate is huge news in the Lithium world since expansion plans are all delayed. That being said, it looks more and more that SQM definitely need to diversify out of Chile, Ganfeng is also on track with their expansion plan.
Looking into LIT performance past several months, it looks like it could be due for the next phase of the bull. Personally, I believe in this growth story in the low growth world we live in the most.
How can the next phase of the bull occur when current demand is 300K tonnes and supply 360K: The inventories are building up massively. That's why at least 6 reports tell us that balance won't be achieved until 2025.