JDubski: 

Just a quick rant...

What With all the auto and truck manufacturers announcing new EVehicles, and all the battery storage announcements lately, how the heck can there NOT be a big demand for NEW Li supply! It boogles my mind. LAC is sitting in a great position both in terms of projects and in terms of timing.

John, it goes without saying that you never had to involuntarily take accordion lessons as a child. There is a delayed impact on Demand with all of these new trucks, cars and with battery storage facilities in development. 

First you have to eat through existing supplies before those developments transition into increased demand.  It will happen.  Don't be boggled.  Best thing that happened to LAC was having the "Big Boy" producers cut back production and cancel, in some cases, production expansion plans... along with the weeding out of Juniors who were mining companies in name only.  This winnowing process that has been occuring in the Lithium production market over the past few months works to the advantage of any Major or Junior still standing at the bar after some of the others have either packed up to go home to Mama or have passed out on the floor.  LAC is still standing.  Still vertical.  Still strong.

  My analysis is that this winnowing process at the bar is the very best thing that could have happened for LAC, at least in the last year.  Any Junior still standing at the Closing Time of excess Supply will be in the driver's seat for making better deals, both on lithium LCE price and in regard to any lithium contracts. 

Perserverance in the face of desperate times molds the shape of success for the marathon runner and the lack of it for others means they will never cross the finish line.