Prices for Spod for have exploded recently, Lifted via Nevchev on PLS "10 Jan 2022 — Platts Battery Metals: Spodumene Concentrate (6% lithium oxide) CIF China heard on Jan 10 tradable at $3500/mt, January"
Now put those numbers into your calculations for projected profitability.........and we still have no idea where Li Prices will peak and be sustained over the next decade or two with all available forecasts calling a perpetual deficit of supply.
Appears money has also come in big time to Aussie Hard rock recently, away from the higher 'political' risk of South American Brines.
Good luck all ,Lets Close above 27c today - then we can all enjoy the blue-sky ride.
ESS Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held