WC8 4.17% 23.0¢ wildcat resources limited

Chines New Year

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    The year of the Dragon starts this Friday and will last one week.

    my Chinese friends believe this will signal a reversal in fortunes for lithium and other commodities

    The way things work in China is that annual plans are made and then activated after a Chinese New Year … which means there has been a drawdown of stockpiles etc.

    The start of a New Year will trigger the commencement of some new buying in commodities generally

    Was interested to read that the other Chinese lithium indicators/prices may have been up last night? (I don’t know where to check that).

    WildCat incredibly resilient at these prices and building a solid base from which I bounce well (I hope!)
 
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