I am still thinking it will drop in the last few days. No rush either.
I would like the SP to touch $1 before it's all official. Within a month of the JV being signed I'd expect an off-take or 2 as well. No way we should be anything under $1.50 at that point.
My hunches on of takes
LG -Korea connection supplied from Kwinana
SK Innovations-US Supply from American footprint
Umicore - Europe, Kwinana then potentially a European plant if supply to other European car manufacturers comes off.
These are gut feelings and nothing more. All have been mentioned at some point by FYI on Twitter or via highlighted CRU research
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I am still thinking it will drop in the last few days. No rush...
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