There are so many conclusions one can drawfrom this auction...

There are so many conclusions one can draw
from this auction sale. One I have is that the price
is kind of like a Goldilocks price, not to hot, not to cold.
The price says to the market and shorters in particular
that PLS continues to make money and will be making more money going forward.
But it also says to the market, bankers in particular, is that price
high enough to take on the risk of lending to a greenfield project.
This price is not going to cause existing producers to run and reopen
temporarily closed production trains, etc.

The current lithium production growth has quieted down except for a few producers
like PLS. The longer it stays that way the better for us in 2025 and beyond.
Lets see what happens with the ALB sale.