Well done stu360, thanks for sharing your Intel. Don't worry...

Well done stu360, thanks for sharing your Intel. Don't worry about uninformed posters. Many here have no idea what they invested in.
A lithium mine takes 7 to 10 years to come online, if they have $200-$300m in the bank to build it. Get it now.
Lithium is a grey silver metal. It's not white.
DSO is dirt containing lithium particles.
carbonate and hydroxide are chemicals , white in colour.
Carbonate and hydroxide are of different grades, only the purist of grade can go into batteries. The chemical content must match specifications. Technical grade is not used in batteries....Yes really. Awake yet?
Spodumene is a concentrate of DSO grade. Alot of dirt is taken out before shipping.
The demand for lithium chemicals is higher than the mines can produce.
Unlike oil, iron ore, coal etc lithium products are not traded through an exchange where the price is bought and sold by traders. The price is directly negotiated between the mine and a converter/ chemical dealer.
Contract price is in high volume and regular delivery. Spot is small one off sale to fill an order.
current Spod contract are around $5k/t, auction is $8k/t. Contract price includes spot price in the calculation.
Cxo value is reflected in the tonnes it produce and sell. Customers, be it kmart, Tesla or king of England does not matter.
If the spot is selling $5-$6k/t what stupid logic would one agree to sell for $3-$4k/t. Think... yes it's hard for some.
Basic maths .. 175kt x (5000-1000(cost).
175000× 4000= $700m US per year. Double output 2×700m 1.4b us .. xe $2.15b au. One year production equals SP. Yes , it's very hard for many to understand.
there are 30 known pegmatites not yet drilled. Finnis is only one deposit. How many years left? 2,3 have a guess.
The smart are the ones buying, building their position while others whine and carry on.