ASX Today, page-43027

Much like lithium, today, there’s SP, there’s commodity spot price and then there’s value.

For all your downramping over the past several months, you’re now saying that GR made a killing by doing exactly what LTR holders are currently doing.

This is a commodity cycle. Until lithium gets replaced or demand gets destroyed, lithium will follow the same mining/commodity cycle as has played out since the onset of the Industrial Revolution.

We all know that lithium demand continues to grow, so all we need to do is avoid a winding-up order and whether it’s in two months or two years, the commodity price pendulum will swing back in the other direction, and when it does, the SP for the likes of SQM, PLS and LTR will skyrocket with it. Just like iron ore did.

Best regards