So 2028/2029 forecasts for lithium are irrelevant? Because that's the actual years INR would potentially start selling lithium or boron to the market. Todays lithium prices are not really relevant at this point and it is beneficial to INR the more high cost lithium miners go bust in todays market. The sales pitch would be to future pricing so if they went into care and maintenance mode how would that benefit the project? Are the prices better in say 5 years? At some point you have to start the construction based on future pricing. Every forecast I've seen has been a decent recovery in lithium carbonate by 2028/29 but if you have other information regarding the future pricing please share the link of source.
INR Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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