Cannot rely on any of the information out of China, they could be running the reserve cupboard bare while telling the world that it is full to the max and there is massive oversupply, just so that the price can be manipulated down. Its not like we have access to the inventory warehouses and can see it for ourselves. Don't know exactly how much is going in, don't know exactly what is produced, don't know exactly how much material is going out or kept for use in China. There is a lot of unknown variables in that equation.
Just look at the previous run all talk of massive oversupply for years by the battery producers, brokers and finance gurus etc then suddenly big shortage looming. During that period a number of miners went to the wall and Chinese interests bought out or invested in operations at a reduced price, does anyone see a pattern of self interest emerging.. I will take my foil hat off now but all is not what it seems.
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