So the spot price is being manipulated down. If the spot price can be manipulated so dramatically, shouldn’t there be mechanisms in place to prevent this?
Why? 😄 I love the idea that a producer with term contracts with high enough ceilings has the incentive to go into the market to push the price up with a small purchase so their contract deliverys pay more. I mean this does go both ways right 😂
Aboriginal Art is fascinating. this site talks through some of the different styles. www.aboriginal-art-australia.com/aboriginal-art-library/aboriginal-art-styles/ Worth taking some time to understand. I can't speak for Brandon but my brother has a fabulous collection which I love.
In a relisten Bannermen describes the month end "spot smash" as manipulation. Usually in regulatory circles this is frowned upon but not in the spot U mkt? Really?? TTMYGH..
We have seen China sort of knee cap the l;itium price with Lepidolite and unexpected Africa supply. I wonder if they have something up there sleeves or at least some plan. Arnt they building a lot of reactors?
~2 years ago, I communicated with BMN the very same minor problem. It was an email to his secretary or whatever, and she replied that Brendon "knows it" and is "working on it"; and that's that. He's a nice guy, but I guess, he just doesn't get it :(.