I have already maxed out my Orocobre position again. Bought more shares for my father today. He also made several hundred % profit with Orocobre. I am not worried about short term volatility at these prices. Rodney Hooper tweeted that Chinese lithium hydroxide converters could still make 15 % operating margin with lithium spodumene price at 1,400 USD per ton, which would make the Galaxy Resources part of Allkem very profitable going forward. But it will take some time, because of the supply contracts that are already in place.
- Forums
- ASX - By Stock
- AKE
- ORE Chart
ORE Chart, page-1077
-
- There are more pages in this discussion • 1,495 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)