Not sure what data you are using.Do you remember how our sales...

Not sure what data you are using.

Do you remember how our sales price was calculated?
It has as much to do with the refined product than the spodumene price.

The US dollar selling prices for NAL’s first concentrate shipment will be derived from the Fastmarkets
Spodumene spot price index, as well as the Fastmarkets Lithium Hydroxide monohydrate spot price index
and Shanghai Metals Market Battery Grade Lithium Hydroxide spot price index

It is however hydroxide linked , and the price has been flat since Jan 10 and has dropped 0.12%

Yet Sayona has dropped from 5.5 to 3.7c since Jan 10.....a whopping 33% see the disconnect yet Whisky???



As for spodumene, it has dropped 9.6% since Jan 10...



Not quite 33% IS IT? Again , see the disconnect?

And we have carbonate, increasing in price by 2% since jan 10, yet we are down 33%
Carbonate, as well as spod, arguably is what we should be linked to.

If you aggregate these 2, we should be down 7.6%, yet we are down 33%, just from Jan 10....let alone since earlier this year.....

None of it correlates, and we have clearly decoupled from the lithium price, on all fronts.
The data is in front of you....

In my opinion, the market is looking beyond the commodity price and squarely at the board, its past, and ability to cope in the future....as well as its non compliance, lack of independance, diversity and skillset.
It's about their ability to survive this downturn in the market and keep us going...and the market clearly has no confidence.

Remember, VUL, CXO, PLS, MIN, LTR all up today

Sayona down...again...