I said "steady" not "permanent". Gold has been in a steady...

I said "steady" not "permanent". Gold has been in a steady decline for over a year now. Lithium was in steady decline from early-2018 to mid-2020, that was over 2 years.

I'm a massive lithium bull, but no commodity has ever gone on a continuous upward trend forever. Higher prices attract increased supply, increased supply lowers prices. Just the typical commodity cycle. I certainly don't think we'll see those awful lows again, but it won't be a straight upwards line. My point was that spot pricing isn't automatically better, contracts work in the producer's favour if the price declines. The last 5 years of lithium pricing was absolutely wild, things will be more stable going forward.