IMO, I don't think the SP will -30% after reopen. This is based on different SC6 and PLS pricing scenarios (holding operating cost the same) and the resulting Estimated NPV as shown below.
KAI Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated