There is nothing I've seen that suggested a slide to 80c is likely. Certainly nothing GXY-specific.
Another global economic crisis would smash everyone, including GXY, though GXY would probably have less of a drop - proportionately - because it is already radically underpriced.
Let's say there's a global crisis this quarter or the next, and GXY gets flattened down to below $1. Let's say the economic recovery starts in earnest 12 months later.
So that would take us to Jan-March 2021. Around the same time that demand for lithium is going to be really taking off, coinciding with an overall recovery.
Just a possible scenario.
Chart, page-13828
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