Why 2018 isn’t the shape of things to come
Looking at equity performance over the past 2-3 months, and lithium equity performance in particular, one would be forgiven for believing that this was likely the end of a multi-year event, not close to the beginning of one. The question I get most often from investors and PMs at the moment is – why? Why are lithium prices heading north and why are equities heading south? And it’s a question I’ve spent much of the past few weeks trying to answer. Initially I thought it was simply retail rotation out of some of the Development names that had done so...