Big deal... SQM made $3B instead of $4B last year, as prices were stratospheric. Market swing valuations up and down...who is the monkey expecting carbonate spot prices to stay at ridiculous peaks of $70/kg?.... LiCO3 medium/long term forecast to stay in the ~$20-$25/kg. Might even settle lower long term, otherwise there will be no EV revolution and no demand. Cost is $5-6/kg. So money is there to be made regardless.
Come on William, crunching time for decisions.
Ann: Quarterly Activities and Cash Flow Reports - 30 Sept 2023, page-56
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