IMO it is sending a very clever and deliberate message to the market that if the Chinese have to come to WA to get their spod what does it say about the reality of the Chinese market? The BEOT analysts are saying there is over supply and the price is going to fall further, well this buying by a Chinese company from us proves that analysis is all BS. They want guaranteed high quality low impurity spod and they come to us!!! Tells you something about BSIT's view of the state of supply and the quality out of China. Clever move LTR.
LTR Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
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