LKE 0.00% 4.5¢ lake resources n.l.

Ann: Trading Halt, page-34

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  1. 51 Posts.
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    The key part of the article for me is.....

    “Morgan Stanley last month sent shock waves through lithium producers when it forecast that prices would almost halve by 2021, while Wood Mackenzie Ltd. also expects prices to fall sharply.

    A price collapse remains unlikely as new projects will face challenges in delivering planned output, according to Bloomberg New Energy Finance.”

    Hopefully others will see this and the market can regain some of the lost confidence in the Li outlook.
 
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