Guess what did Rio and Bhp did when Iron Ore was in slump... they flood the market with even more iron ore.. Coz they produced it cheap and Coz they are not vertically integrated with any of the refining/smelting/steel making assets and as long as its gone to the vessels, their responsibilities end... including any monetary responsibilities.. they believed in a mantra that if its not gonna come from them... its gonna come from someone else...Main difference now with big lithium players... is that they cant afford to flood the market with spodumene... coz most of them are actually stakeholders and got big interest in the downstream manufacturing of batteries...Is SYA then in a good ppsition to flood the market. I guess with the ore dome coming in. New ore sorters online improving head grade prior to cruching / being more energy efficient as to only grind the important pebbles... then i think I vote YES... keep the OPEX as low as possible and shove it all to PLLs and the international market's throat
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2.7¢ |
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Open | High | Low | Value | Volume |
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52 | 10800166 | 0.026 |
65 | 9858927 | 0.025 |
48 | 10259194 | 0.024 |
29 | 8248780 | 0.023 |
Price($) | Vol. | No. |
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0.029 | 6801833 | 27 |
0.030 | 8232621 | 47 |
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