I like this acquisition, producing volume at a low cost is the utmost importance.
I believe we have seen the end of super high lithium prices, they have come and gone. We are now into more sustainable long term pricing. So high cost low quality producers will be out the door shortly. Super high prices were making EV's unaffordable, and damaging the uptake of affordable vehicles. $3000.00 for SC6 is still a good profit margin for all.
So any addition to reserves is a good thing at present. Well done management.
I like this acquisition, producing volume at a low cost is the...
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