General Discussion Topics, page-125008

Hooper is good man. He sees that China are manipulating the market atm.
They are not buying the usual stock of spod that they usually buy. The argument they put forward is "we are only buying on short term basis due to uncertainty in the economy.
The fact its not just one business doing it and rather ALL, reaks of manipulation. Think about it logically right. China dominate the Carb and Hydroxide production atm.
If they can squeeze the crap out of the market atm it will result in not just some miners closing down operations but either completely stopping downstream plans or at the very least slowing them substantially.
Now look at SYA, has it work? Hell yes.

When our profit margins have been almost completely removed now that we are in production, anything left for Capex of downstream will be significantly stunted. This is one small company that its impacted on and certainly not the only one. Its how China will remain in control of the lithium downstream processing and by maintaining control meets the definition of a monopoly. Then they dictate the price anyone pays for processed material.