There seems to be a disconnect between Lithium prices and EV sales which are increasing year to year that has analysts and most others stumped. Many like to blame manipulation but supply and demand overules manipulation eventually.
Some would say that Lithium prices now are 2- 300% higher than they were around four years ago so have already grown significantly and they have a point.
Working on the old adage that low prices are the cure for low prices then its really just a matter of hanging on to find out, there are not a lot of options for shareholders and the company itself is limited to things it can control and are in the process of doing that.
One thing you can be certain of is margins in the thousands of dollars per tonne for Spod is not sustainable so best do any calculations in hundreds of dollars per tonne, as it stands we have had no margin at all and is why our MC is where it is as a producer. Nothing mysterious about that.
Cheers Whisky
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