Agree, and to me, its all about the number of units, but TBH, not holding my breath for divis any time soon, unless of course US$5,000 is the new normal for contract prices. Reading analysis on the SMM site today, they suggest spod ore is still in deficit, while carbonate due to domestic salt lake producers coming on line will at best flat line or slightly correct this month, but recover in May.
Reading many of the reports wrt Chinese markets, it paints a picture of daily chaos, seemingly short term shenanigans while playing the long game. I bet they sleep well...
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