PLS chart, page-384

I have to agree with you there. All we need to do is tell these guys to look ahead at what could be if they just removed their sell orders ;>


If you look what happened with GXY yesterday......



The sellers realised that the squeeze was on and took a step back. This can turn around quick and my personal opinion is that time to accumulate at these prices is limited. I have been taking the opportunity to do some final top ups.

Before you know it bam...... Read the GXY threads for posters wishing they took the opportunity to buy <$1. With PLS still being held back for some reason, price action like this is probably not very far away. When it does the remaining shorts will add to the buying pressure.

Above GXY chart

China auto sales for August are awesome and first results out of Europe are smoking. Over the days this news stream will continue adding confidence to what is coming. Remember EV sales are the lead indicator, some time after this should translate to lithium pricing, and then to spod pricing. Faster the lead accelerates the faster the spod turn around will come. Then soon we also have battery day.

What better evidence of how hot the EV sector is?
"According to Automobilwoche, which recently had an opportunity to talk with Audi's spokesperson, the company will lend some 400 employees from its Neckarsulm plant to Porsche (both are part of the Volkswagen Group).They will temporarily move to near the Zuffenhausen plant (for two years) to help with the ramp-up of the Porsche Taycan, as the demand far outpaces the factory output right now. The first reinforcements appeared at Porsche in June.Porsche simply is unable to keep up with production on its own, despite the company hiring hundreds of new employees and increased the target beyond the originally planned level of 20,000 units annually to up to 40,000."

The S curve is happening. Only thing holding back momentum is that in Aus we can't see it, feel it, or participate in it so the general market has not caught on.

PLS holders just make sure you have no regrets.

Good luck and DYOR!