I read where the capital payback period for NAL is two years, that was based on the circumstances that existed in May 2022.
It remains to be seen whether this has changed at all as there have been positive and negative events in play since then.
We will all be hoping that the prices being paid for lithium remain high.
If they do, the negative influences like the war in the Ukraine, rising interests rates, inflation, material costs, labour shortages and Covid-19 won’t have the devastating effect they could have.
I expect the first shipment in July will allay those fears.
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