Bullish demand for the 'new white gold' but with only silver pricing. Have a look at the following article
https://www.mining.com/lithium-price-50-of-hard-rock-miners-are-losing-money/
It's great that demand is projected to go through the roof - but this demand may be exasperated if hard rock producers go bust.
Something has to give - producers need to thrive in order to invest to produce more - can't do that if the product sells at breakeven or lower level.
From the DFS dated 24th Sept 2018 FOB Port cash costs were quoted at US$366 per/t. Two years on - have these figures been revised?? Wonder how much money SYA is projected to make per/t??
General Discussion Topics, page-268
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