Great news....some of us where predicting change in sentiment towards Li and minerals req in renewable's in general to change in H2 this year once it becomes evident that EV and Storage is gaining momentum and will be the real deal and no bubble.
Now US$1k/t is a healthy increase inside 4 months since GXY announced a great price of US$905/t ...nice 10% increase...what's more of interest is that the US$1/t is paid by a middle man who the on sells to end users with a healthy margin one would think....what does this mean for AJM dealing directly with end users?
Hope everyone is alert and is loading up in preparation for the inevitable.
I'm convinced the deal is done...JR would not spend $41.6 mil without having a clear plan to execution, which would have been discussed with AJM b4 the deal was done.
Punters are sweating if there is no announcement every week?? Everyone want's the big $$ today., look ahead to next hear, what do yo see...?
AJM Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
