You should never order food when you are starving you may over order and leave with left overs – me personally I don’t do left overs.
With Lithium Carbonate being at a high of CNY497,500 we are CNY2,500 from CNY500,000. What do you think will happen when we come off suspension and Lithium Carbonate is at an all time high. What do you think will be the immediate reaction from the market – gluttony I am suspecting and the fear of missing out.
Also taking into consideration that shorters may be forced to settle their positions on open. It should be magic in my opinion for AVZ (this is not investment advice please do your own research).
Estimate
(CNY/T) 500,000 = AUD$106,243.77
(CNY/T) 500,000 = USD$71,318.55
View attachment 16704
Anyway, this is purely my opinion please do you own research and is certainly not to be taken as investment advice. I am making the assumption that we will get the full surface rights and not a reduction in surface rights.
Regards,
Silent