Oh I agree with you mate. If China takes a dive our lithium investments will be the least of our worries. Australia as a whole will be screwed if China experiences a genuine economic collapse. That being said, macro factors and company specific issues can and do co-exist.
Two weeks ago nobody was talking about Chinese economic issues, and other lithium shares were riding high. Therefore we can't pretend that AGY's SP didn't fall 50% before those macro issues even came to the fore.
Best of luck to you. Hopefully the Chinese do what they always do and manipulate their currency, lock down communication and take wild stimulus measures to keep things looking rosy for the time being. I just need them to kick the can down the road a couple more years so I can buy a house.
General Discussion AGY, page-16813
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