RE: Surplus of Li for years22 Dec 2023 10:06
The only reason there is a surplus of Lith is OEM built crap EV and now are cutting back to the bare minimum.The Chinese have won the west's dithering has lost it the way forward to new tech.You look every single lithium mine in development in EU is on stop.Shows you the power of lobbying.The need for lithium is only just beginning it's the processing that's needed.This is why every battery maker in China is flat out supply lines sorted.In the west not even started.As for EMH now a very high risk buy in my opinion at one time it looked promising not now.i have held shares here in and out since launch.Sold last batch in high 70's after KC last bullsh** RNS.Even at these prices still not interested.I only posted this as i really believed inEMh in the past and feel sad at such a decline.If you are holding long hope it turns out well.