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Message: Re: Finally
1
Cal
Nov 07, 2023 06:58PM
1
Nov 08, 2023 04:42AM
1
Cal
Nov 08, 2023 08:26AM

Cal you are right that it is only 5,000 tons now, but it is too strange that both mines Laac and Lac are traded on current value and not the future value, because I think that is more common than the trend we see now. For Laac, there are only 7 months until they are in full production. This, together with the fact that the need for Lithium must increase, results in purchases.

I still don't have my old portion of Lac, but bought quite a lot of Laac today, at a SP of $6.30, thought it was cheap, but no it dropped right after. Do I regret? no, they must stay until at least course 11 or something new will happen in Lac.

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