166500 yuan is correct weight, and if China doesn't start...

166500 yuan is correct weight, and if China doesn't start restocking soon, it will send many Li juniors broke or vulnerable to takeovers. Putting out a PFS or FID is hard at these current prices. If Li prices continue to plummet, company operating costs per ton will be key. Hard Rock will always win, brine is becoming expensive and DLE has no chance. Im yet to see a "stand alone" DLE make production, let alone try to cost them. Projects are using DLE with ponds, but not stand alone. The upcoming PFS will be very very interesting. AZL has a chance to publish costs and let the entire market respond. If PFS costs are excellent, expect price to rocket. If PFS costs are bad or incorrect, expect price below 1ç for a long long time.