"We can always come back to SDV when Lithium prices recover"
It's not a light switch. It will take several years to get to production. Then time for ramp-up.
If we get going now, we'll be producing to coincide with the steepening S-curve of demand, as the masses shift to EVs and the gigafactories can't get enough Li as they scramble to meet demand. It will be quite frantic in 5 years from now imo. The fun hasn't started yet!
GXY Price at posting:
$1.98 Sentiment: Buy Disclosure: Held