RE:RE:Analyst nonsense in evaluating LI stocks The GS SC6 price prediction is that by the end of this year (Q4 2023), the average selling price will be $2,000!!! That's half of the current prices. They also estimate SC6 further dropping to $800 for 2024 and 2025.
Now is that true is anyone's guess but don't see many new projects coming online if prices go down to $800/t SC6.. looking at you PMET and FL. So if that is to happen, why FL has the same market cap as CRE and PMET is 3x but neither has a feasibility study published to know the economics to take their great deposits from the ground?
If you look at it, CRE collapse is much steep compared to peers but it’s the first to enter production.. something is not adding up