Ann: Becoming a substantial holder, page-26

Yes, it is manipulation on an industrial scale, and it occurs all the time in the chronically corrupt global financial resource markets.

The investment funds you mentioned are all positioning themselves to Short a rising percentage of their holdings because they probably have news out of their Chinese offices that the Chinese in 2023 are about to manipulate the price of spodumene down, exactly what the Chinese have done before to control the prices of gold and copper and many other commodities. So we can probably all expect this now, and probably in the first half of 2023, so keep an eye on the international price of spodumene and Chinese buying patterns.

It won't last of course, and in the long term these spodumene prices will go back up again, but this is the way the manipulated global markets work, they need to artificially induce a dip in order to make money from Shorting, then buy low, then make money from going Long again, and so on.

I think you have highlighted an important coming (short/medium term) trend, and we will once again see industrial scale global manipulation in another commodity. Iron Ore has been a favourite of those funds to manipulate over the last year, together with oil and coal, and copper, now they will move on to spodumene for a while as well, by the looks of it, if you are right.

It might afford some good buying opportunities in quality Lithium companies in 2023 once the bottom is in on the prices of those companies, if the Chinese deliberately tank spodumene prices, as expected.

Gw