I've been wondering about this comment, because I think it goes back to when the producing lithium stocks on the ASX hit their recent highs and started to descend.
We have seen talk of higher spodumene prices being floated however it seems that the market isn't taking that into account during its current retreat. - Why?
The recent price jumps I put down to the Biden affect and I think the market is bored of seeing long term beyond the horizon stuff.
Other than a flow through of information in improved pricing being shared by the various producing companies what other catalysts might change the direction we are currently seeing?
GXY Price at posting:
$2.45 Sentiment: None Disclosure: Held
