The prices have been up and down from the day we put the first drill into Goulamina. And then there are those reports from our trusted friends calling them selves brokers who predict price swings and its true , there does seem to be these short term swings to do with immediate stock piles in China etc.
Yes , when we come fully online (in about 90 days plus optimizing the plant etc), there is likely to be an increase in the total global product available, but, the total global demand out striping supply will still be there for some years IMO.
I think you are absolutely correct to highlight the point that our low cost of production makes us super attractive - as we will very likely be in profit during those times when the market decides to turn down for a while. I do think we may develop into a much larger business, such that spod is just a segment of our overall business...
ALL IMO
LLL Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
(20min delay)