Actually I HAPPILY take that back.
Just found this Metalsbulletin article which was produced 4 days ago on the 26th of Feb and they claim the price for 6% Spodumene is now 500-520 USD a ton!
Every day that goes by a 1 percent rise is more than 5 USD per ton and it looks like while I was almost certainly wrong about an offtake by the first week of March the 500 USD spod price prediction I was hoping for by the end of the month has been hit. At this rate, we could potentially see 600 by the end of the month and our offtake partners will be getting very hot under the collar to seal the deal.
If anybody wants to search for it and what market reporting it offers at the moment, the title is below. I didn't post the hyperlink because Hot Copper strike them in case they are virus links etc.
GLOBAL LITHIUM WRAP: China’s producers target higher prices in March; Asian seaborne price rise continues
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