WR1 6.09% 54.0¢ winsome resources limited

WR1 General Discussion, page-10118

  1. 3,279 Posts.
    lightbulb Created with Sketch. 1614
    Ladies and gentlemen,

    https://www.copyright link/markets/...town-bid-forces-short-squeeze-20230327-p5cvqg

    A horror run for lithium prices is close to a bottom as Chinese battery makers move to restock supplies in the second quarter and the fundamental narrative of growing demand for electric vehicles supports prices, says Citi resources analyst Kate McCutcheon.

    Every time when China restocks iron ore inventory after Chinese New Year holiday, what happens to the price of iron ore?

    When China is about to restock lithium after months of depleting their excess, all of a sudden they need to have more. What’s that going to do to the price of lithium and how does that affect our share price?
    Last edited by CounterVin: 29/03/23
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.