Paddy I agree with your political point of view entirely ... but that wasn't the discussion point was it? We could have this exact same discussion in 12 months time and IMO not much would change (on margins).
The macro influences will take time, a lot more time than a 1 or 2 years. You are agreeing with me are you not? What I said about the future supply change was ...
I want SYA (and PLL and my other investments) to be a part of that ... screw China ... but we can't get past them short term. You can argue all you like about what Macquarie presents in its research ... its just that - research ... which is a hell of a lot more that what most posters here do. Margins matter (as even TSLA now is finding out).
Iron ore is worthless unless converted into steel and its various allloys. Bauxite is worthless unless refined all the way thru to Aluminium. Crude oil is almost worthless unless refined into distillates. I get it. Spodumene is worthless unless it is refined to a salt that finds its way into CAM and then into a battery. I hope we all understand that basic principle.
I also hope we are around to profit from it, which when one reads a lot of the posts put forth, there seems to be a giant disconnect as to how SYA gets us there.
SYA Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
(20min delay)
