If this also coincides with the interest rates being softened in the US and here, which should increase Lithium spend and therefore help force raw materials demand upwards. Furthermore the US IRA rebates, from January, are given at point of sale which has been discussed as quite material (as opposed to tax rebates).
This is the perfect storm that we need and of course our BoD need to be on point with market timings and understand how to multiply the effect of these ANNs to maximise shareholder value, rather than whatever logic they currently follow.
I can't understand why some heavily shorted lithiums are green today, with the Global X Lithium ETF dropping 2% last night I expected more carnage.
It's a shame that major Lithium companies don't team up to counter the China Spot market manipulation. Collectively we could (similar to Oil) manage the supply and therefore get around these games played by large nations who have their government' support to shape a low supply price.
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