"But looks like prices of $5000/t 6% spod, are long gone.“ When did we see Lithium ore at that price? Half a century ago?
I think you meant to say $50,000/t 6% spod. Well, we may not see that price again in the next couple of weeks, but the point is, current SP has factored that in already, no?
And whether or not Lithium ore price can get back to $50,000/t again is everyone's guess. I don't think anybody has a sure bet, but as it's kind of consensus that the price is bottoming out, I think it's safe to say we have a better chance of it going to the upside...
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