Shorts a getting "cooked" huh That's why it's still at multi-year lows. The market isn't that concerned about whether it ships 45kt in June or not. The market is far more concerned about what price it's getting and what price it will be getting for its spod in the future. The market is expecting further pricing pressure on lithium, be it hydroxide, spod or whatever, and is pricing lithium stocks according to further likely price declines
GXY Price at posting:
$1.46 Sentiment: Buy Disclosure: Not Held
That's why it's still at multi-year lows. The market isn't that concerned about whether it ships 45kt in June or not. The market is far more concerned about what price it's getting and what price it will be getting for its spod in the future. The market is expecting further pricing pressure on lithium, be it hydroxide, spod or whatever, and is pricing lithium stocks according to further likely price declines
