Chart, page-10589

I hear that Li carbonate price has risen recently. The LIT eft has bounced back to ~ mid year (I think). GXY adr also rose last US night. There may be some anticipation of money back to sh (AT’s loose mention last conf call), a good off-take price to be negotiated, and MC upgrade done and hopefully effective. But China is rumoured to cut car subsidies 2019 which might be negative for Li demand through a snowball effect.

So I trade GXY very short term and do my own research and so should you DYOR !