The 2018 playbook has been dusted off and put to good use by the MM and their allies. The bad news is that we may only be part way through this strategy, where a supply surplus is used as the catalyst to drive down the price of lithium, which is then used as the driver for share price revaluations. With the lithium price still hovering in the US$2k range, we have a long way to get down to the marginal cost of production.
Perhaps time to cut the losses and sit on the side-lines for a while.....
Good News & Bad News, page-34684
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