Current producers are forecasting either steady or slightly...

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stakx

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28/10/18

17:22

Post #: 36289681
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Originally posted by Acgm ↑

Cool. Not sure who is said to be arguing that the MIN report is wrong? Based on your comments above, it looks like it is a case where an analyst has been engaged by a company to provide advice which has then been incorporated into a company release - excellent good to see forecasting figures based on reports commissioned for that purpose and a company announcement to release it to the market which includes details of the source of the forecasting. Sure beats a stack of negativity reports coming from other “analyst” sources of recent re average contract prices dropping, oversupply of lithium etc etc - all which seem to me to be reports prepared for ulteria agenda

We do seem to have strayed a tad though from the PB report related to GXY which I still can’t see how it has been signed off on by, endorsed by, commissioned by or released to market by GXY. Is it thus a different basis/type of analyst report compared to the one you noted having come from MIN?

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Current producers are forecasting either steady or slightly higher increases over next 2 years. Galaxy and MIN similar in price and hence why AVZ has used similar pricing in their SS. With ever increasing uptake of EV, buses, trucks, ships, cars etc with an exponential uptake you would say AVZ is correct in their analysis and numbers used correctly in SS. With battery manufacturers progressing towards 811 and 822 batteries then hydroxide prices should increase going forward into 2021-22.

AVZ Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

2 Great analysis

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