New Lithium Related Article, page-5282

Your right.

There is certainly a sweet spot where the balance for producers making good returns without bringing on an absolute flood of suppy from mediocre deposits. Most DFS on full mine and processing etc will be conservative on selling price.

I can’t see China paying $1250 + for FOB sc5.5% for years into the future.

Mediocre hard rock deposits can be dug up and shipped DSO to China. Afghanistan being one place.

No ESG worries if it’s for their own market and no worries about tailings for the locals. May be a big hole in the ground but it will soon fill with water. Fishing lake anyone?

Even GXY is looking at selling the tailings so while I may be off the mark a little, don’t put yourself between the Chinese and making or saving $$$$$$ they will find a way, and I don’t think shipping costs is a big worry for them, a lot of their shipping companies are state enterprises.

However we are still in a great position and will be making hay while the sun shines for sometime I think.

IMO DYOR GTLAH