@firehawk08@Firein10@sunnyaus
Just herding the spodumene to $1000 claims back into this thread.
I'm also enthusiastic about PLS's prospects, but consider that Talison has announced that it's progressively bringing 716,000 tons of supply into the market as we speak. If they're able to find employees in a tight WA labour market, I'd suggest that it'd steady prices significantly between now and early 2022.
Wodgina could be restarted at any time, though it'd take up to 9 months to hit nameplate, so I think it'll become a significant factor in the second half of 2022.
I'm skeptical of spodumene to $1000 in 2021, but would be delighted to be proven wrong.
Spodumene Prices, page-995
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$2.70 |
Change
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| Open | High | Low | Value | Volume |
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