RE: SMM spodumene reaches $50004 Jul 2022 12:50
ever the optimist Snowking. But yet again it's always some time soon...What else is there that's going to move it? We have had confirmation of a mine (apparently in production i=by end of Q1 next year). We've had assay results confirming the grade is better than expected...so the lithium is in the ground and Prem are going to get it out very soon...and it's still languishing. I'm not de ramping or whatever you lot may say i'm just at a loss as to why it's going to go higher when all the building blocks appear to be falling into place. The market isn't stupid, this sounds like a no brianer now - with minimial risk...but yet the big money isn't forthcoming in to move the sp. So i'd love to hear a though out, reasoned and balanced answer as to why. Snowking if you think you have a balanced answer in you then please have a crack, if not then dunna worry. I'll get some balanced reasoning from elsewhere