RE: Spodumene up $7 overnight7 Aug 2025 07:08
Good morning Irispickles, it is so interesting to watch the knowledgeable investors getting a stiffy when the price of spod goes down, I just looked at the charts of the GBP/USD, the pound has gone up this morning, meaning the dollar has gone down, shock horror the price of spod has gone up, watch what happens to spod prices when the Federal Reserve cuts interests rates, possibly this month!!!
Even Stevie Wonder can see why the knowledgeable investors pontificate about the spod prices on a daily basis, it is a daily sly dig at Premier African Minerals investors, saying look at the price of the product you are struggling to produce it is going down in value.
I might get a stiffy when interest rates are slashed and the dollar plummets and Prems price reaches 1p quicker than the knowledgeable investors could ever imagine, then some here will understand the true meaning of the word mocking, tick tock, tick tock.