I think the 2018 contract price will be a very positive catalyst. Headline will read “Industry record price for GXY spodumene” IMO.
Also if GXY complete works to increase recoveries to 75% earlier than expected it would also provide another positive catalyst over next few months.
Caveat being if Li price tanks, which is highly unlikely seeing many of the other producers are having production issues and also the inevitable delays that projects which are expected to come on line this year will encounter.
GXY
Price at posting:
$2.80 Sentiment: None Disclosure: Held
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