Thats some chart JH and tells you everything you need to know about the shareprices over the last few years.There is no Company immune to the effects of that. Its the bottom comment on the slide that was the main reason I decided to move to the sidelines recently " Plenty of near term supply should prices improve". We have every Spodumene producer in Australia in a position to increase supply at relatively short notice, having either slowed down production plans or put plants into C&M in recent times.
The concern there is not so much about demand eventually exceeding supply, I have little doubt it will but its the potential time delay in getting to that point and the inability to get a handle on it makes it so difficult when your supporting operations with cash.
Cheers Whisky
SYA Price at posting:
1.5¢ Sentiment: Hold Disclosure: Not Held
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