China stockpiles many tons of higher grade taking lithium to $8000..
With the nice stockpile, China decides to see what happens to lithium price by putting $200B out there to their dirty low grade high deleterious lithium companies to offset their large production losses.
With no transparency to lithium price China is able to manipulate price down..
Criminal Wall Street enterprises (those with 2 and 3 letters to stock name) decide to take advantage to lithium price drop by issuing very suspect and now proven BS reports as to supply glut by African and Zimbabwe mines that are either dirty low grade also but not even near production in questionably safe countries.
Varios so called journalists have jumped in with BS articles stating over supply, low EV acceptance a d other BS..Are any of them on big oil payroll?
Why has China now decided to buy some high grade lithium? Might their large stockpiles now being depleted to add to low grade dirty lepidolite mines ore?
I think the truth will stick it's beautiful head out in very near future..
LTR production numbers as well as beautiful truth will propel SP back to previous and beyond..
LTR Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
(20min delay)