i think the word fundamental has different meaning to pple.
For me, fundamental is both internal n external factors.
internal, it still a Li producer and expanding production
External, rate increase, new supply, macro economic conditions in jhina and usa are changing for better or worst.....ie jhina property debt crisis, US rate increase to fight inflation.
So the fundamental is changing every day, especially on the external front, which has impact on Li price and therefore PLS sp.
Ann: Corporate Presentation, page-68
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