I should add that there was a lot of good news in the quarterly that has not yet been priced in by the market. Just terrible timing with SQM announcing a ramp-up in the same week, but its a big enough market out there. That supply will get soaked up by all the new tech in the next decade.
Market just got a bit spooked imo. Definitely not a game changer for the industry. Massive over-reaction in PLS and GXY especially.
GXY Price at posting:
$3.79 Sentiment: Buy Disclosure: Not Held
