Make no mistake it’s not revenge but the reckoning”....END GAME SOON ENOUGH!!!
Airguide prepay agreements will be interesting on price setting negotiations..refer below again from * report Feb 2018 (pertinent today) -
“Mr Sage said if one of his companies, Cape Lambert Resources (ASX:CFE), were to do a deal for its cobalt it would be asking for more than the spot price.
“We won’t be asking for $US65,000 a tonne, we’ll be asking for $US75,000 or $US80,000 for a long-term sale,” he said.
“You talk to all the buyers and sellers, it is being manipulated by the Chinese and that’s why I’m a pro-Trump guy on trade because they do these sorts of things in virtually in every mineral and they want to corner the market.”
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held