Second day in a row of no downward movement. Hopefully we can get a few more days like this before the shift upward begins. If this reversal occurs it will be encouraging to see that lithium has found its price range on the spot market and surely won't drop to the ridiculous lows that we saw earlier this year.
Argosy won't be signing an agreement that involves China or selling on the spot market, which means a low Chinese spot price will reflect positively if we sign a contract with prices $20k higher. However, the positive lithium sentiment that comes with a rising spot price should lift all boats, meaning our SP should have a much higher base to work off once these announcements drop.
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