Hi Whisky49,Thanks for sharing, I have somewhat the same idea:My...

Hi Whisky49,

Thanks for sharing, I have somewhat the same idea:

My gut-feeling (yeah, on the stockmarket lol), gives me offtake price-range of 25.000-30.000 in coming 2-3 years. There is a difference between spot-market and offtake.

30.000 is sustainable as price + inflation was there in 2018. 61.943 is cool but does not make much sense. I imagine negotations:
- Producer: We sell at 61.943...
- Multinational Buyer: But, you can produce at 12.000, what's wrong with you?
- Ok, we agree long term and stabile 30.000, and we provide some upfront funding.

Which still gives me a x3 potential on my lithium investments vs their 2021 average. I did my calculcations back then and fundamentals seem to hold ground.

So here's my stragegy: Still waiting for a major pull-back because of raising rates, and then rebuying the companies who are closest to production; goal: becoming rich by supporting energy transition.