Chart, page-7504

Let's say we close on $2.98. We know that doesn't reflect where this company is at but given the horrible numbers from the US markets overnight (and on Wednesday night last week) it's not a disaster.

US futures markets looking better today, slightly in the green.

Trump is arguably committing securities fraud by lying about Amazon with the express purpose of driving the stock price down because he has a beef with the Washington Post. Amazing stuff really but at some stage someone sane in the White House will convince him to tone it down.

Then we have Facebook's privacy scandal dragging on the whole market, and fears of a trade war with China. I think the trade war rumblings will blow over sooner rather than later.

- March quarterly due out in about three weeks, will be positive.
- Second half of 2018 should see a deal cut on SDV.
- Latest news on solid state batteries is that they won't be anywhere near a threat to lithium demand until 2025.
- Automotive industry will ramp up EV production.
- Battery storage will be a major factor in demand for lithium into the future, especially where governments don't buy power off households who generate enough from their renewables to feed supply into the grid (they'll store for overnight use and beyond instead).