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Strongly agree, when you have a market leader in Tesla being so...

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16wrx

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28/10/21

09:43

Post #: 57134546
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Originally posted by WoodySpoon: ↑

I hope to see nothing above stage 2 tbh. That is a HUGE project.
10 years is about all you can honestly forecast for lithium demand looking at battery technology advances.
I ignore all the bullish projections past that as just noise. Maybe they'll come true, maybe not. Wouldn't be more than a 50% chance IMO.
Anything above stage 2 is too much capital thrown at something that could potentially be over real quick without providing the time for good returns on investment. As it is I see a very robust lithium demand until 2030 that will see our project make big returns. Anything beyond is a bonus.

Interesting to see the years of talk of downstream dreaming at PLS ended up with only an 18% stake rising to 30% in their POSCO JV. We can do without it given our price is linked to downstream product.
Bring on the quick dividends once we are up and running - then we'll see full value for our shares.

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Strongly agree, when you have a market leader in Tesla being so fickle in their endless pursuit of innovation

For such a large company they remain very agile and would have no hesitation whatsoever in dropping lithium if their R&D turned up a more viable alternative.

Go hard for 10 years with reasonable capital outlay and get us to dividend territory ASAP.

FFX Price at posting: 62.5¢ Sentiment: Buy Disclosure: Held
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