...look at the bottom right chart- that is the chart for Spod....

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    ...look at the bottom right chart- that is the chart for Spod.

    ...at this rate, rather than placing their mine in maintenance, ASX lithium producers may actually need to produce and sell at the current low prices and bridging the gap by making discounted CR.

    ...if they don't produce, their cashflow would just get worse because management isn't taking a pay cut and they can't justify a CR.

    ...so lithium hodlers, do expect a discounted CR coming soon !

    #Lithium Minerals Update 28-May
    >Carbonate 99.5% GFEX Futures 60.38k RMB/t -0.9% SMM Spot 61.5k RMB/t -0.8%
    >Spodumene SMM Conc. Index $680/t -0.9% Platts 6% $590/t -3.3%
    >Hydroxide 56.5% SMM Spot 63.97k RMB/t -0.4%
    https://x.com/CarlCapolingua/status/1927672084916048379
 
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