An hour ago Morningstar (US) revalued the long term lithium supply price down from $10,000 US/metric tonne to $8,500US/metric tonne. https://www.google.com.au/url?sa=t&...px?id=844202&usg=AOvVaw2PV-m7vVb-YQo1PnkB3etU
Does anyone know the effect of a 15% price reduction on GXY's margin?
My wife holds GXY, it's too volatile for me.
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- Deutsche Bank: Lithium supply could soon catch up with demand in 2018
Deutsche Bank: Lithium supply could soon catch up with demand in 2018, page-4
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