Soon see, cause if Sn heads back to $26k b4 weeks end I think I made the right call.
CYM vote happens on 23rd March, this will be the turning point for the 30c mark unless Sn hammers above $30,000 USD like it did back about 2011
2010 Sn ran from $15,000 USD to $30,000 and looking at the historical charts, the same chart is appearing for me. DYOR as its my opinion .
Techs need the TIN and so do all these Evs ... It's going to be very interesting who misses production targets because they can not source the raw materials
Also back in 2009 the LME inventories rose significantly from 3,000t to 28,000t between 2009 and 2010
Im not sure what happened there but this time around we are coming off a base of about 1000t.
11 years on we have a massive battery boom going on where the EV has become affordable if not necessary in some cities, power storage is ramping up because Solar has become so affordable most houses can have a system paid off in a matter of years ! Tin Tins off to the moon IMO
MLX Price at posting:
21.5¢ 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)