Problem is demand continues to increase, so somethings got to give.. China cant continue to get all of its supply from low cost producers because there are hardly any of them relative to the current spot price.
I heard something interesting the other day, and im just paraphrasing so give or take some time stamps but last boom/bust cycle lasted X amount of quarters.. this boom/bust cycle we are in, we are about to enter the last quarter of the previous cycle.
No one can predict diddley squat with accuracy but to continue to hold and be succesful with this company you need to believe that prices can recover to at least 1350usd /tonne.. if they do, and you stick around, well you will most likely be rewarded immediately
SYA Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)