Commentary and analysis on markets, personal finance, and wealth building from a contrarian perspective. "I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting there and trying to dream it up all yourself. Nobody’s that smart."
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Pretty interesting presentation. What especially got my interest was the slides about Chinese demand and how the Chinese are electrifying their transportation system.
China driving lithium demand
There is not a shortage of lithium reserves. However their is a shortage of producing properties. If the price stays high sufficient capital will come into the market and we will see supply catch up to demand. However that is not going to happen overnight and I expect it will take a few years to get new projects permitted, financed, built, and commissioned. That is the opportunity with Galaxy as the company is just now bringing a mine into production when prices are high and supply is constrained.