China done the exact same thing with iron ore in 2015, they started using low grade stuff and iron ore prices dropped 75% to 35bux, before skyrocketing above 100bux, because it was unsustainable using the low quality crap.
At the same time goldman sachs was constantly downgrading the iron ore price lol.
it's LITERALLY the exact same thing happening with China using Lepidolite.
Spod is down 90%, wont be long before this lepidolite crap is no more and spod sky rockets, should be once China are done buying up on the cheap. Its literally how China do business, its all just a game to them.
Saying demand for spod is down is the biggest rort in history with EV sales booming.
PMT Megathread, page-1474
Add PMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
94.0¢ |
Change
0.060(6.82%) |
Mkt cap ! $556.9M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 94.0¢ | 86.5¢ | $4.604M | 5.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5505 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 50409 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
93.5¢ |
Change
0.060 ( 6.82 %) |
||||
| Open | High | Low | Volume | ||
| 87.5¢ | 93.5¢ | 87.0¢ | 1476802 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| PMT (ASX) Chart |