Trying to make sense of battery and graphite valuations

The 2024 year has opened with a tick down following the sterling performance of markets in December. Apparently the enthusiasm for early interest rate cuts got a bit out of hand and a more realistic time frame has dampened expectations. You get to the same result if you just said the weakness was due to traders taking profits. Over analysis becomes banter, or noise.

With no major news flow in the last couple of weeks our commentary is more an expression of thoughts rather than insightful analysis, this time concerning graphite and battery technologies. Valuations vary widely but there is limited information available to the public. 

 WeeklyComm6jan2024.pdf