One should not forget that the original $33k/t price point for viability assumed that Kachi only needed to buy power from a provider of the Power GridInfrastructure.
So viability is dependent upon both a Lithium price of $33k and the ability to buy grid power from someone prepared to stump up the CAPEX to install the infrastructure.
If the $33k price is the trigger that the power provider is waiting to decide to invest, then after they decide there’ll be a delay before the infrastructure is finally put in place. This can take up to 10 years.
So add around 10 years onto whatever you think the lithium price recovery time period is and that’s the earliest that Kachi can be producing in steady state given LKE’s current strategy.
Why would LKE’s share price increase 7-fold anytime soon?
DYOR
(20min delay)