LTR SP Prediction contest, page-165

Agreed Goldi, maybe one day but not that soon. I'd celebrate being wrong but we're not going to become a US$48B company in that period of time IMO. We can assume US$4000/tonne is a safe and practical value to base our estimations off going forward. I personally like to think we'll see it a challenge to meet the demands of the grade required to produce batteries with lithium hydroxide without the impurities that will degrade an EV battery that cannot afford to be degraded.

Where does that leave SC6/tonne $?

We've already seen PLS BMX auctions prices over US$8000/tonne SC6 equivalent when demand was less than what is predicted. And we've also heard how lithium prices will fall below $1000 not so long ago but now we're hearing of a 40% increase this year. I think we need to consider all factors and not everything we hear is going to have any accuracy. In fact we're probably more likely to see a bigger impact from demand requirements than predicted based on what was calculated to come on but will not will not eventuate as per predictions. On top of that it appears as time passes the additional planning for gigafactories is growing.

For me I like to play with the idea of $US8000-10000/tonne near future and plug that into https://hotcopper.com.au/posts/65809578/single Think big, dream big with a realistic POV

Maybe those figures will not be sustainable so of course let's keep things conservative and use US$4000/tonne as it's well and truly beyond DFS values but let's not kid ourselves... what the future holds is bigger and better than the very conservative yet very profitable DFS which implies a very rewarding share price and dividend potential on it's own. Everyone here has a varied opinion which is very intriguing so these are healthy discussions to have as we're all batting for the same team and hoping for a great outcome, which is almost guaranteed however it goes.

8-10 years to get a new mine up and running... good luck! This why our peers will rise and bring us with them $$$

AIMCO