RE: Li market24 Nov 2023 08:46
I believe we are very well placed and in 2 years the adoption of EV will be increasing at a faster pace and spod prices will be above our DFS...as for the amount of lithium plays, how many will actually get to production....very few IMO
Prices of lithium goes up then down then up etc etc...its the price of EV's which will come down that is key to increased profit margins and higher lithium demand...the price of spod today is irrelevant, it also makes it harder for investment in other mines, brines and clay projects to be viable which is good for us and kills some competition...
Swest42 low prices etc is not that bad...let's see where we are in 2026...as long as we are in production, that is ALL that matters!!!