Spot on. This is 2017-2020 Mark 2. Lithium is looked up as an investment like asbestos currently.
In the current price environment many producers are marginal. PLS looks pricey but IMO 2023 / 2024 Chemical price pull back has killed a lot of supply coming online in 2026 - 2027. Possibly longer, as studies are being delayed, infil drilling slowed or stopped across the sector. PLS would be a big beneficiary, Shorts are thinking not.
Cure for low prices is low prices supposedly.
CRR needs to be as close to C&M an explorer can get. Environmental studies / collection should try and be maintained, but not much else IMO.
BOD on share based payments swell.
Things will turn but unlikely this year.
Agree on your other post, 20-30mt which this has the potential to get to is viable in the right price environment given its location. ALB priced LTR based on $1900 US LT based on analysts feedback.
Ann: Operational Review and Board Changes, page-16
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