Your post makes little sense, you dig up an old post of mine and claim that I have extreme confidence. At the time of my post lithium was selling for $67 per kilo. Today lithium sells for $16 per kilo. Tell me which genius for saw a drop of that magnitude.
Lets just pick another lithium company at random lets pick Galan they say "...approximately 79% of Galan’s long term price estimate for lithium
carbonate ($29,000 USD $/t LCE)..."
So Galan have sunk money into their Catamarca project and think they can turn a profit if the long term price returns to $29.
If I were you I would stop worrying about LKE who have zero sunk costs and start worrying about companies who at todays prices will certainly be making a loss.
go you good thing, page-43
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