From all the articles that I have read, interestingly that all of them are pointing to the similar prediction. Lithium price is not at bottom yet, and it is likely to go lower,
When analysts agree its usually when contrarians step in and make a killing but that's not financial advise..
What we do know is spodumene has been softening again recently although is still 20% up on recent lows, we also know the company is highly focused on mining basics with some very encouraging results and we likely have around $90-100m in cash and receivables , C&M remains an option and would rank ahead of a CR IMO, neither is desirable.
What we don't know and have no say in is what the price of concentrate will do going forward in any given timeframe, that's pure speculation.
Beyond that its business as usual untill we hear otherwise and you either sell, buy or hold.
Cheers Whisky
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