Post by
Value247 on Nov 04, 2021 2:22pm
Lithium supply and mining pace
lithium demand is increasing exponetially , and prices will be higher next 2 year untill more lithium is supplied
based on how lithium is mined from brine ,,, It takes longer.
who ever is oprational next year will be beneficial from higher price .
LAC is the new player , and will be opaerational in next year ,,, it will explode the price ,, it can go tripple digit. ,,LAC will be first one to go debt free in race....
only stretagies works buy more and hold.. which is heppning now... dont expect correction on profit booking ,,, this is long term value stock
Comment by
Moemoney42 on Nov 04, 2021 3:16pm
Agree Value... been saying this for months.. LAC being the closest to production next year will be able to capitalize on these strong prices.. and with an expansion already planned for Cauchari to 60 TPA from 40, that expansion will hit the ground running before any other mines produce one pound of Li.. all good.. ;-)