I also try to focus only on fundamentals. I haven't invested in "candle sticks" just lithium.
Simon Moores from BMI today on twitter:
"In 2019 I was asked whether lithium prices in the next price surge would ever reach the highs of 2016.
My response was this time it would be more aggressive. Instead of the late 20s, prices in China would exceed $40,000/t"
"Lithium carbonate price today in China is $28k tonne high end, mid point $24k
This is the top end of what we experienced 4/5 years ago and there’s a long way to go before this price surge runs out of steam … i dont feel we are even half way thru yet"
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I also try to focus only on fundamentals. I haven't invested in...
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