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Psyban

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Psyban

Re: None

Wednesday, 08/24/2016 9:36:22 PM

Wednesday, August 24, 2016 9:36:22 PM

Post# of 10474
POSITIVE: Cauchari estimates now 50K tons from 40K

LAC price targets should increase with 25% more production than expected.

From SQM's earnings release: "Looking more long-term, we continue to move forward with our plans to develop the Cauchari´-Olaroz lithium project in Argentina. This project will bring a total capacity of 50,000MT to the market; we hope to begin construction during the first half of 2017."

Should be a nice week ahead as LAC numbers are revised higher and shorts cover.
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