Who wants to have a stab at the Quarter report in regards to money in the bank and the averaged price on lithium sales. I’m tipping a better than expected on both figures and with operations being halted leaving CXO in a decent position, if everyone starts cutting back production and some going into C@M things might change quickly and carmakers will start begging for a resumption. BYD and Tesla have been trucking along nicely with their small cars but as an analyst pointed out just recently on CNBC these small cars only have between 2-8kg of lithium whereas pickups will require up to 20kg and these cars should start ramping up more in the current year and on. A lot might also depend on the Trump factor and GM, Ford etc sticking solid with their EV’s which is also questionable but personally I’m hoping Trump gets locked up and shut out of the presidential race as I don’t think I can stand to see him gloating like he does.
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Price($) | Vol. | No. |
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