Post by
Rinny1 on Nov 16, 2022 2:11am
CRE need to worry about Goldmans prediction
No !!!!!!
Shortage have caused prices to triple in a year!!
Which is used in EV vehicles, Batteries for storage, face a very long term supply shortage.
CRE a drop in a bucket to supply the world. 9 lithium mines needed a year to even keep up with todays demand!!
Also CREs lithium ore special in purity.
We have a permit to start construction. hopefully deals are being made soon with smart contracts with very little or no dilution..
5$ coming !!
Comment by
Radnaksi on Nov 16, 2022 4:07am
Interestingly the new solid state batteries use up to 35% more lithium.
Comment by
tinker901 on Nov 16, 2022 8:40am
Actually at the time, to be fair they were predicting the prices per ton to go from 60,000 to 54,000 US In real life, after their article spot was stable for 2 months around 67,000 us then started raising again. So it appears that their "prediction" had absolutly nothing to do with the 'real' market.