Don't be disheartened fellow holders, especially by the recent events, this highly anticipated war was always going to bring this kind of volatility. It has been years in the planning by all parties
We're lucky to have Liontown cashed up and producing high grade to weather the storm this time. Ironically it's not a lithium winter but a major war that is disrupting things for now.
My view is Iran and the West are currently playing chicken with the escalation ladder and China is neutral but still requires the oil and gas from Qatar and Iran through the strait because the economy is short oil. On the back of that China need the massive EV/BESS engine to maintain export and growth because it serves too many economic and political goals at home and abroad. They spent decades building it up so they won't let it be brought down by this conflict.
Same goes for the West they want to maintain trade with China and Australia once again is uniquely positioned to supply lithium during this storm and is naturally hedged between Western and Chinese supply chains
I look forward to things calming down as soon as possible.
If you told me last year Spod would be $2,200 during an Iranian war with the West I would've laughed and asked you to see a doctor
