Lithium exploraton CRUSHED / Only STRONGEST will survive 'The wind just died down': Lithium miners try to hold on as prices slump
Falling prices hurting investor appetite and threaten to crush exploration
https://financialpost.com/commodities/mining/lithium-miners-trying-survive-slumping-prices
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I think that 90% of the lithium exploration companies are shutting down or going to shut down.
These are companies that rushed into lithium thinking it was the next gold rush.
These companies are now going away back into gold, silver, uranium, etc...
That is great news for NILI, it means less competiton, it means that their asset becomes much more valuable as they have low costs and FAT PROFIT MARGINS and become one of the only games in town.
Good Luck,