All I'm saying is that in July 2023 Galan put out a report that had the price if lithium chloride at $20 a kilo. At that time Lithium carbonate was selling at $30 a kilo. Carbonate now sells at $16 so what is chloride selling at today?$10? What does it cost to produce a kilo? My point was not to disparage Galan which as far as I know is a fine company. My point was that companies with sunk costs find themselves vulnerable when commodity prices drop off a cliff. If Galan can make a profit at $10 per kilo great but many in the industry can't and this is why we see projects being mothballed.
And likewise hope your day is nice.
go you good thing, page-57
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