Thats always how it goes around here. Wc8 is next in line for a reality check (in spite of fairly solid appearance fundamentals and location). To be honest i think lots of projects that arent already in construction stage will be shelved until the next cycle or bought out by bigger players. Once upon a time people thought lithium is fairly rare, but its just about everywhere, we know alternative battery minerals are coming. Best bet for Li is with established players who will weather the cycle.
Ann: Another Significant Spodumene Discovery at Salinas, page-77
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