By the end of 2019 it will be getting close to my target price of 0.008 not 8cents. Ripe for the next run-up when all the ducks are in place and after the next big CR.
The other question is where will the LCE contact price be, US$600 or US$1,500? If there is a continuation of the down turn then $600 is not out of sight.
If there is recessions in the USA and China sometime in 2019-2020 then kiss it all goodbye until the recovery. Presently the leading financial markets are at, or in bear markets and the Australian market is no different.
From my point of view CASH IS KING.
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