Wouldn't a better headline be that AKE obtains pricing of lithium carbonate approx US$5-6000 a ton more than previous guidance, smashing GS idea of prices falling down to $16K. Anyone want further evidence that won't happen, listen to Joe Lowry's most recent podcast with the guy from Fast Markets.
But then again, such a headline won't attract so much fury, and clicking on links and discussion, bringing website views :>
At least the Mt C production downgrade also plays into the thesis, that supply isn't going to be as high as GS is dreaming of.
AKE Price at posting:
$11.87 Sentiment: Buy Disclosure: Held