“IMO, this is very, very personal for JP. He sees this as his baby, and he is going to develop it through to production come hell or high water.
On that basis, it's hard to be rational about the future price trajectory for lithium prices. You mentally cling to the recent boom prices, see these as the norm and dismiss current pricing as a temporary blip.”
I very much doubt that he sees those “boom prices” as “the norm”.
Afaict a longer-term pricing landscape that is significantly higher than today, but nowhere near those “boom prices”, will be hugely profitable for our planned operations.
There are indeed some switched-on posters here; it surprises me that there aren’t more posts about potential company value based on various future pricing scenarios - imo there is significant upside, and I will try to pull together some numbers for discussion when I get a chance.
cheers
Popcorn ready for the next announcement !
GLN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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