Spot on PF. I've had similar conversations and 10Mt x 40years...

Spot on PF.

I've had similar conversations and 10Mt x 40years would not surprise me.
PLS is the only spodumene miner that has been able to produce 6% concentrate from the outset including Greenbushes.

Joe Lowry had a couple of pertinent comments on twitter today.

If you are in #lithium for the long haul, 2018 has been a great year to buy low so you can inevitably sell high down the track when the so called “smart money” finally gets a clue & stops obsessing about things that don’t matter."


ORE is selling for the most part at the low end of the market competing with offspec China brine based carbonate. Since start-up a large % of ORE output has had to be reprocessed by 3rd parties prior to commercial use.

The current bloodbath of lithium stocks will only mean investment won't happen in many juniors and come the end of 2019 into 2020 the EV revolution will be in desperate need.

I've been in this stock for over 4 years and holding up to 13M at one stage. I'm cash positive now but today I've added another 400k. I have no doubt of the long term.

As PF has said many times Patience needed. Cream will rise to the top.