If the world/market doesn't crap itself I'd say in the 1.20...

If the world/market doesn't crap itself I'd say in the 1.20 range.

Personally my positive timeline is;

• Spod contracts are showing growth YoY, spot price isn't a great indicator as I don't think volume is reported at the time (I recall a comment about 2 blokes trading the same 25kg bag over and over)
• First quarterly announcement showing positive cashflow (no matter how small) will be the next major milestone. Will not ignite the SP but more or less reinfoce it around the 1.20 mark.
• Second quarterly announcement showing a much larger volume of positive cashflow will be the catalyst in charging us back towards a more sensible price target.To me that's much later in the year.

What I'm concerned about,

• global market recession
• continued obfuscation of the lithium market
• no matter the positive cash flow of the company a return to the 80's and 90's (ala PLS now being pushed into the 3.50 range where they are at 4.0 today)

Disclosure, I'm the Forrest Gump of investing and my portfolio is a box of chocolates.