I’d say the mine is not viable at any price lithium gets too
that’s why the company has not come out and told shareholders ,
at such a price we will start mining again how hard is that ?
id say this thing could be just not viable it happens sometimes
remember when lithium was 80% higher than it is today they were a marginal producer
my own opinion is high cost miners/producers won’t exist There’s too many new mines coming into production over the next 10 years new discoveries every second day , new technologies ,
lithium is everywhere it’s not a rare commodity
existing profitable miners around the world are working at snails pace , as prices improve and demand improves they will step up production
making it more difficult for high cost producers to exist
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