News: GXY China's Yahua extends lithium offtake deal with Galaxy Resources, page-13

There is a shortage already if we look at the pre orders of battery metals, battery producer and cathode producers all need material

Soon spod will be back at $1000 per tonne

Why would Yahua bother signing offtake if there is plentiful supply?

Any pricing formula would set the price above Galaxy’s all in cost. Just watch.

tesla up another 10%, as corona virus speeds up shift to electric vehicles, as consumers prefer to charge at home over filling petrol at a station

not advice