I’m beggining to believe! You all know what that means! Closed my hedge at 3246.75. Will probably reenter overnight.
I know... and what I don't understand is why that ETF ($LIT) is doing so damn well while SQM and ALB are still dogs. I gotta look at what they're buying. SQM is almost a pure play, one of the few. In this hemisphere at least.
I think the SouthAmericans are struggling for a couple of reasons, (a) Covid-19 (b) dry rock lithium is cheaper to produce than brine lithium.