The key point is that in 3 years, the sector will be well into a new lithium boom with significantly higher prices. This is especially so since there has been next to no investment in the sector ever since prices came down and only mine closures. Benchmark Minerals and others are warning that its already too late for new investment in the lithium mining sector to avert another future spike. Overall, pleased AJM is keeping the company above water in the bottom of the cycle.
Ann: Financing Package to Significantly Strengthen Balance Sheet, page-25
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