Tesla battery Shortage, page-62

As I've mentioned a few times there is going to be a natural pull towards 90c/$1.00 for a while, stock raised at 90 cents + Aussuper CN expiry price around $1.00 (I assume some modest hedging). Also above $1.00 I think fairly priced until Balama re-opens and of course $1.25/30 is massive technical resistance (25% retrace from March 2020 lows to Jan 2018 highs).. Another thing to consider is the lack of partisanship in the US post TRump, republicans won't make green deal fiscal package later in the year easy...

Having said that , SYR/LYC/GXY materials complex is a go too bucket for Aus equity managers for the forseeable future, you don't want to be short these names in 2021/22, they should maintain a natural bid . Paradice was buying as high as $1.00 last year, so I'm happy to buy below $1.00, I've made a start getting back in. SYR is my safe haven from some of the pumps going on in Aus micro caps at the moment (it's fruity out there) , with a bit of potential spice if a takeover battle or Balama re-opens (ie: still scope to double your money from 90cents/$1.00)