SQM to increase production to 180,000 tonne in next 3 years whereas GXY’s SDV will bring just 25,000 tonne to market that to after 2022 by which time all other major producers would already have ramped up their production. This will result in Li price going south and all future production cost and price expectations of SDV Li as per DFS and AGM will turn out to be wrong...
Also friday has never been so good to GXY SP so fastern ur seat belts for rollercoaster SP ride!!!
GXY Price at posting:
$3.02 Sentiment: Sell Disclosure: Not Held