If that forecast is correct that is a good result for everyone. Great margins for us going into an expanding production portfolio and great for consumers of ev and ess to allow price stability and some resonable level of affordability.
Our cash on hand and cashflow will allow us to flourish in such a pricing scenario. Even when spot was 80k it really wasn't cause we were never getting such high prices.
Future is bright, lots of headwinds, but we are in a sector where the push for market share will keep demand strong.
AKE Price at posting:
$13.88 Sentiment: Buy Disclosure: Held
