Agree,
Some people do not see the bigger picture. Gives us the time to positioning our portfolios right.
Look at the Spodumene prices (6%) PLS is talking about in their presentations.
Beginning of 2021 around US$800
Realised Price in 2nd half 2021 US$1250
Current Spot prices US$3750 to US$4500
This is A$6,000 per ton.
I don't think there will be a drop in Lithium prices anytime soon.
EFE current market cap around A$50,000,000. If they manage to find a mineable resource in Trigg Hill and secure some prospective licences they are on their way.
Lithium is probably now one of the most profitable resources that can be mined.
Tesla expects battery cost to be reduced by 30% despite rising input costs. EV demand is unstoppable.
K
Agree,Some people do not see the bigger picture. Gives us the...
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