Could have further to fall today.
I saw on twitter SQM forecasting big oversupply come 2022 - based on their ability to go from 48kt to 205kt LCE by that year.
This might bottom out at my average cost......all that theoretical gain wiped out.
I bought some more late last week, and will do again if it goes lower. I'm still completely confident this deposit gets mined which makes any buying in the 30s ridiculously good value - again.
Meanwhile all I see is further electrification - cars, bikes, trucks, ferries, buses, grid storage...
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