General Discussion Topics, page-120027

With all the negativity on the price decline and fear mongering its all part of the fun and games.

Clearly with the above its worked as the negative sentiment is spreading like wildfire on this forum. Glad I have more than a couple of months for this to turn around. People see capital erosion and freakout. Talk about emotional investing.

Long term we are not another AJM (Altura) as the lithium prices as forecast are no where near below producible value ie even with further declines SYA can still turn a profit.

Sure in the short term the profit is eroded on lower costs, but once the market turns again prices should help us fund the carbonate plant being finished off.

A good read atm is:
Resources-and-Energy-Quarterly-June-2022-Lithium.pdf (industry.gov.au)

Considering Australia is at the forefront as a lithium producer, we would have some solid expert analysis on future estimates. An the price outlook they believe to be at worst $1,800 USD per ton.

But as also per the article, we are still seeing record breaking EV take up. Not to mention now with all the production delays, chip issues and supply ramp up. We now have costs declining, this eventually reaches the end consumer via lower EV prices. This in turn drives the demand for the next bull run.

How long until this next run up? How long is a piece of string.

All I know is, SYA should have a premium attached as there isnt many other producing spod mines near them. An if the market continues the way it is, it is gonna be even longer before there is.

Lots to look forward to in SYA. IMO it is now simply picking the bottom before we fly.