Yeah, agree with what you are puting forward, and $30 - $50, would be nice, but IMO not realistic. However, you realy need to drill down on the different uses for lithium. There are industrial uses (glass, lubes) and there is battery grade product. Based on PLS's DFS, they have a large high quality battery grade deposit.
Further, once PLS running at name plate on stage 2, they will be one of a dozen or so major producers, with existing producers raming up capacity, so maybe only 15 mines globally that produce high battery grade product, meaning a lot of the smaller explorers wont be economical, and if their grade is good, will be aquired my said majors.
So, if the majors push to retain market share, there will be a lot of M&A, thus allowing said majors to sit on supply and keep market in balance.
Also, probably not a good idea to compare lithium with iron ore or coal, in that the end product is a chemicle, not a commodity.
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