Agree with all you said.
Will add my 2c s: PLS likely cash balance has gone backwards again and plans to slow down capex spend on stuff ie Middlings/P1000. IGO likely production rate to be reduced rather than stockpile it. SYA likely to be deeply cashflow negative and strategic review update re C&M imminent.
Quarterly announcements will probably have “subdued market outlook near term” giving rise to a bout of selling pressure so fingers crossed the damn lithium price makes a long awaited recovery to something approaching adequate for mines to continue.
having been here before in 2018 -2019 rout it’s extremely unpleasant, so I’m ultra confident that these low prices are just setting the seeds for a rebound as they did 3-4 years ago
WR1 General Discussion, page-24921
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