$10 is not out of the question at all.
IF Greenbushes hit solid results with further resource upgrade to HMW plus further work on Candalas than a MC of $3.5b once HMW starts production is very possible.
I know that lithium carbonate is touching the magical US$50,000 but in reality once the market stabilises I still think the US $35,000 mark will be longer term, plug that number into the MHW project metrics which had I think a figure of US$21,000.
DONT plug in the US $50,000 figure, it becomes really stupid like a revenue of $1.5b a year !!!!! for both projects
OHHH by the way hearing that spod could get US$3,000/t plug that into any future Greenbushes equation!!!!!
$10 is not out of the question at all. IF Greenbushes hit solid...
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