I hope they start drilling soon as well, and find lots of the stuff. But look at the lithium carbonate price over the last year:
Like all commodities it's cyclical, but at the moment it's not doing so good. The decline in the price of Li is reflected in the decline of the SP of other Li minors like WC8 over the same period. WC8 has gone from a high of 92c in November last year to 35c now.
--> Although, when WC8 was in the ascendant Li was already going down, so there is that to consider.
I just hope we're not trying to lap up the warm beer left on the floor from last year's Lithium party (at least insofar as the focus on Andover South and drilling for Li is concerned)
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