So that we can once again get a little perspective on what is being intimated with the chart shown, I thought that I would once again take a bit of a longer term look at said chart. Below is my chart....
As we can all see, there has indeed been a price decline over the past 12 months (BTW spot Li prices were never going to remain at those elevated levels.
I have drawn in two boxes to highlight the % increase in Li spot prices from its low as well a box to highlight the % decline from its peak. To ensure that I am not misrepresented re the price decline I have also added a box to show the % increase needed for price to get to the elevated price at its peak.
You can all make up your mind from the picture shown.
IMO DYOR
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