Thought this post from another Li stock today was very...

Thought this post from another Li stock today was very interesting -

I hope @Freehold doesn't mind me re-posting over here...


Interesting this pricing update from ORE:ASX today and implications for all lithium players..

"...Lithium carbonate delivery quantities and pricing have now been finalized for approximately 85% of the June half 2018 production. Tight market conditions have resulted in increased contract prices being negotiated which, combined with orders carried over from 2017, are expected to result in pricing for the June half 2018 approximately 25% higher than prices received in the December half 2017. The company will meet previous pricing guidance for the December quarter of more than US$11,000/tonne."

Managing Director and CEO, Mr Richard Seville commented, “Contract prices are rising in all markets and we expect this to continue in the foreseeable future as new demand for lithium chemicals exceeds new supply...”