I was listening to the interview on rock stock with David Deckelbaum from TD Cowen whose preferred stock is Arcadium, he forecasts a doubling of our SP this year ALTM to $10 that's $15+ LTM and he gives his reasons why.
A lot of analyst have already called the bottom of the lithium price so I think it will be a slow gradual rise from here, with a bit of volatility of which I am use to now.
PG said from the last quarterly that we will have 40% more lithium production going to market this year, and as to the delays on some projects that's only if the price of LCE is low but if it rises which it is there may be no delays.
He wants the projects to be funded by present production which it is, and also keeping a large proportion of our cash in the bank, which we have and is still growing.
David Deckelbaum said Arcadium is in a very good position and will come through the other side very much stronger.
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