The key word is Producers.
Originally, early 2021 looked like it was shaping up to be the year of the explorers, project developers, but with the price rises in carbonate, hydroxide and spodumene, 2021 looks like it could well be shaping up to be a profitable year for any one Producing.
The market in the last month seems to have started to pick up on that. Those companies not producing but are planning to be coming online in the next 2 - 3 years and are signing off takes etc now, have not been rewarded in their SP as shareholders may have expected. Me included.
While the producers are likely to be benefitting from higher prices far sooner than ever expected.
3 off takes signed in the past month - 1 month performance
Just to be fair 12 months
NOTE: I hold both companies, and 10 companies all up across the battery sector.
Good News & Bad News, page-347
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