Just remember that the top 2 reasons for continuation of ramp up was Staff turnover and ramp up operating costs coming down. The third listed rational was that the board are eagerly awaiting the anticipated rise in spodumene prices. With cost of living crisis in continuation and interest rates yet to see any cut. I cant see where this big scale of demand is going to come from in the short term to drive spodumene prices back up...... But hey I could be wrong we will see if SYA is still around in 6 months time.Spodumene Concentrate Index(CIF China) Price, USD/mt
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Li2O content 5.5%-6.2%Excluding taxCost, Insurance & FreightNullBrand:Sub-brand of Galaxy, Pilbara, etc.Avg.:1,121-2 (-0.18%)May 14, 2024Start Date：2019-07-03End Date：~Price Range:1,121 -1,121
Just remember that the top 2 reasons for continuation of ramp up...
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