Is the bottom in?, page-1287

Hi Raj there are things that could go right for this company. The main thing is lithium price. Spot price of lithium hit $US80 per kilo then it crashed to $US13 per kilo. The DFS said that profitability could be achieved at $US33. In 2023 EVs accounted for 18% of new car sales world wide. Plans are to ramp that up to near 100%. That's a lot of lithium needed, can producers increase to that level of demand? They could do lithium isn't rare but procuring it has problems. Hard rock is roasted and bathed in sulphuric acid. One ton of Lithium from Lepidolite creates 30 tons of waste. estimates are that we will need 5X todays Lithium by 2030.
So that's the macro picture. At project level I see several things that LKE could do differently. They have talked about 100ktpa and 50ktpa with phase one producing 25 ktpa but there is no need to produce at these levels. There are other companies talking about producing 10 or even 5 ktpa. Producing less would take away the need for grid connection. Another thing is the carbonation plant on site in this remote location. It requires 1/3 of power consumption but it could be located at Salta as other producers do currently. Salta is connected to the grid it makes sense to me to take the lithium concentrate to the power rather than the power to the lithium concentrate.
Worse case scenario LKE walks away from Kachi and looks at its other tenements which have higher grades and are closer to the grid.