Good day today. ATH everyone is in the green. I think a few tried to outsmart the market in the last few peaks, I imagine everyone has learnt a lesson or two and will not be making that mistake again. Just ride this out. Dips will come but the rises keep outpacing them.
Bombers numbers on a 250% increase in price should not be too difficult. I worked out the other day that at current prices there is $35 of graphite in an EV. $100 of graphite is a 300% increase and should be absorbed quite easily not that anyone will be able to do anything about it with the deficits to come. All moving very fast now. WOW, life changing.
Just heard on the radio that SA have an election 19 March and the federal one should not be much further away. Support may happen very quick. One. The announcements basically said the councils are lining up for RNU to put their PSG plant in their area so may get support at all levels of government.
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