Hi all,
Have done several projects with SRK before and in my opinion they are very good. They estimate on the 2nd last slide of the link attached that it takes 5 years to develop a Brine asset.
http://www.na.srk.com/en/publication/au-development-lithium-brine-projects
If a strong demand response was responded to today (which I do not see evidence of) it is reasonable to believe that there would be at minimum a 5 year time lag before supply began to suitably respond.
This has also been the experience of ORE.ASX. ORE actually did really well even though market expectactions were it was going to come online sooner.
This supports my opinion that the market will stay under supplied for the next 7 years.
Cheers,
Super Ninja
Hi all, Have done several projects with SRK before and in my...
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