Interesting that the lithium price aberration had to have...

Interesting that the lithium price aberration had to have actually occurred on the 22nd December being the last trading day before re-commencing on the 27th.

And its so interesting that it almost smacks of the LME Nickel price dilemma in March 2022 which halted the LME based on the physical nickel which had to be delivered following a continued manipulated , shorted , and prolonged mispriced metals market.

So we know the Chinese were involved in that , but what happens in a ' non exchange ' and less transparent and regulated pricing market.......

So its equally interesting then , when you us the relative comparison to CXO when they reported to the Australian Markets of their intended response to this continued Lithium price weakness where they actually quoted a 40% most recent fall in the prices which referenced END of OCTOBER until the 22nd December when when they actually reported this price decrease figure and range to the ASX.

So based on the actual reported prices at end of October to 22nd December , it basically concurs with their quoted observations MINUS any recent aberration or accumulative aberration which could or may have occurred without the market actually knowing.

So then if you then compare their share price response on a daily high to high and close to close from 31st October to 22nd December when they reported , you find a 20% and 25% respective downward adjustment in their traded SP MINUS again any potential further 18% adjustment that they couldn't have possibly known based on the lithium prices which were being quoted in the markets.

So the question then becomes is there a further 18% drop to come on their SP which has basically remained unchanged at 26 cents since 22nd December , or indeed has it already been factored into the current relative share prices of CXO and others like SYA who I have shown had fallen further on a comparative capital raise to capital raise basis from May 2023 to mid August 2023 when CXO underwent theirs.

So again , I would suggest SYA should be reflecting high 7's , 8 and then 9 - 9.2 cent share prices relative to CXO's current pricing ...... , or alternatively CXO needs to fall even more to reflect this relative parity to the market and its peer's share prices like Sayona.

Whatever the case , its going to get really interesting when refiners actually start putting their hands up for the ' Physical ' spodumene which they ultimately will need to produce the required tonnages of Lithium Chemicals when the time comes.