General Discussion Topics, page-121263

If you believe that the price of Lithium will remain on average higher than it is now over the next few years then SYA is in a good a place as any in the sector to benefit from it, producing with on debt and plenty of cash.
That in itself does not mean the shareprice or the Lithium price can't go lower, we will only know that in hindsight , averages can only happen over an extended period .

The general consensus by those who analyze the sector is there will be a shortfall for some time and the very fact there is still a huge margin over cost for spodumene producers tell you there is a shortage now, just not as big as it was 9 months ago. With Iron ore when there is over supply margins can get down to US$25t for the cheapest producer, we're likely to be around US$1800t give or take, we don't know how lucky we are.

However trying to put a fair value on a Company that is only just about to reveal some figures and without knowing what the next 12 months will bring in general becomes a bit of a mystery envelope..

Both NAL and MOBLAN are very good underlying assets to have in the background in the event of corporate activity, they wouldn't get those for our current MC of A$977m or more to the point US$610m..

Cheers Whisky