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ASN General Discussion, page-13923

  1. 4,961 Posts.
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    Yeah mate, markets are a mess.

    Most of us saw this coming after watching the Chinese economy begin to implode more than a year ago. The only shining light at the moment is the interest rate rises appear to be on hold for the foreseeable future. The other beacon if I believe Chinese spot pricing is close to the bottom, you and many others have confirmed that the Koreans and Japanese are still paying premium prices for battery grade lithium.

    I watch a lot of markets, commodities, lending rates, spot pricing.

    I think the bottom is very close for us in this sector, we have been belittled by others with far more to lose than us. In the commodity sector we being lithium pioneers are just a dot in the mineral investment map. There are plenty with enormous capital well able to hold us down and they’re done that brilliantly. The BEOT has loved the collapse of the Chinese spot prices as mentioned above, been here before and just looks like another historic chapter in the eventual rise of lithium stocks.

    Perhaps somebody could post a chart of lithium explorers SP matched to the shitty Chinese spot pricing that only represents around 8% of global lithium sales, the rest being under contracts at far higher prices.

    Scripted buggering of an emerging sector experiencing 30-60% YOY growth depending on on which figures you watch.

    Manipulated not. ILMAO. FSS…
 
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