Yeah i absolutely agree auction when supply is in shortage is a good thing sets a standard price for the market to follow. BUT it's a double edge sword i guess when the prices are going down or when more supplies come online the auction market will also reflect it very quickly for example no bidders for the product auctioned and if lithium futures will ever to take foot it will be like how the oil futures market dropping to USD -37 per barrel.
BUT again for now it's good till 2024, i think?
DYOR AIMO GLTAH
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