There's no doubt that if ALB can ride back through to 8/lb anyone buying now could well have a ten bagger, however I'd see 6 as more realistic until we get some global growth again, and I still fear sub 4 (I hold some WSA and HEAPS of IGO). I've been completely wrong on the pon all this year so no doubt will be again (ie $2 or $20 perhaps just as likely).
Interesting if pon rise is predicting stocks a month out (which would about correspond with the start of the closure announcements a couple of months back).
EL
ALB Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
