General Discussion AGY, page-17171

Lithium spot price continues to be in a bit of trouble.



As predicted, if this happened, the surge up or surge down scenario depicted by the tightening bollenger bands gave way to the downside.

The best value you're going to get in selling is going to be when the spot price is high and when the company is producing a high output. I wouldn't expect spot price to properly surge like we've seen for at least for 2-5 years. This will be timed well for when we're properly producing 12,000 tpa. timed with a surge in spot price we'd easily see $2-$2.50. This will take many years though. I think people need to come to terms with the fact this ones gotta sit in the bottom drawer for a couple more years.

Unless you want to sell at like 50c on a quick surge from an announcement or two.







I think spot price could recover sometime in the next couple of months for the busy season, but once its quiet season again Post-December, i can't see that helping spot price at all and i think it will be short-lived. I think 2024/2025 spot price won't be any higher than it is now. Sometime after that i reckon we'll get another crazy spike. The lower the lithium price goes now, the higher the spike goes later, which if timed with the 12,000 tpa output will actually be better for us...

Buckle in guys and get set for some emotional tenacity.