Tesla's share price rocketed 10 fold when they began declaring operating profits.
https://www.youtube.com/watch?v=MIhJQ4s8VxU
From 4.20
Ken at D&D declares 2nd lowest operating costs of any Spodumene mine. Achieved with a plant utilisation rate of 70 to 75%. Our costings can only improve from here.
We are now profitable ... even at todays current market prices. NOW read the first line of this post again.
I thought today that the share price was rising because the market is expecting a much improved sales guidance next friday. Ken certainly alluded to that at D&D with his upbeat, enthusiastic performance.
Given ALB and SQM share price levels, I've thought for sometime we should be looking at a share price in the 60s, maybe more.
If/when Spod prices start to move, look out $1.00+.
Tesla's share price rocketed 10 fold when they began declaring...
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