Li-related News/Articles/Reports, page-8991

Good morning people,

I have had a few days to look over the announcements properly and digest it all. Can start by saying what a week!

The key catalyst here is the suppressed lithium price, this really does take the wind out of the down stream industry. I have been watching spot lithium trades and to me it looks
as though we have bottomed out with a lot of positive price trading happing. Although end of day downward pressure to close red. I do think this is at the end of its downtrend, the next couple of weeks will tell.

If more mines turn off production and don’t play into the low price metrics then the price as no choice but to go up.

JZ hasnt been 100% clear on how the 2ktpa plant ever ran. I would say they got to a point where they know what’s wrong with the FEED and it’s something that requires a full redesign which they will take to the expansion. I can understand why JZ has kept his cards close as it’s our IP and why let the world know and take advantage of our learnings. So I’m ok with the koy nature of information flow for now. It may be hard for SH to swallow but this where the value lies. IP can be worth 5-10x alone.

I will remain nervous until I see the expansion underway with funding. The rise in lithium prices will ease the nerves and I believe we will see a raise as it’s clear the world
needs lithium to meet all of its emissions goals.

Looking forward to seeing short data for the last 3 days of trades.