Yellow is a long termer who knows that our current price is frankly BS.
We're literally about to send our first shipment of DSO to China in the next few weeks and despite producing 170 000 tons of Spod next year were trading at less than we were as an advanced explorer. This load that is currently being trucked to the shipping yards will pay for an entire years exploration next year (and is approximate to about all of the previous exploration we've done so far) and last nights BMX auction over at PLS only shows that the price is rising and Goldmans and Credit Suisse are bending the narrative with plausible deniability claims to their absolute limits and cashing in on the crash.
It is frankly outrageous and a bit frustrating to see the same Con artists pull the same trick twice in 6 months. That said, it's probably a bloody godsend for anyone who's new and keen on making an entry because the all-time high we saw the other day is probably about where we should be fairly valued at this moment and into 2+ dollar Territory by New Years.
LT's will hold as most of us know were sitting on a winning lottery ticket. I personally am just about to get a personal loan to top up again as at these prices, its basically guaranteed gains even after the high interest rate.
