what blows me out is what I read about the 2018 spike was it partly driven by speculation by traders who refused to sell and pushed the price up based on forward demand expectations.
funny how it's not happening now with all the projects getting announced week on week. surely this will battery demand have a more dramatic effect on supply as you can't really rely on co production to meet this demand. if steel demand is soft and co product is not being produced the price should really only go one way. no one will be making steel just to make v205 co product.
I'm actually thinking as long as we have cash in the bank happy for prices to remain depressed for a little while longer. imo it will just lead to a more dramatic and sustained rise just when all our major news is due
releasing major news into this V price won't have the same effect
the news I look forward to the most atm is more grant money! any free cash coming in atm and buying us time for everything to develop will be pivotal.
AVL Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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