Incredible that investors will look at the macro picture and exit one of the lowest cost per tonne producers on the planet.
We're in a very different situation to most li hopefuls who are priced at massive inflated NPVs based on todays li prices, we're a million miles away from being price sensitive!
A low strip ratio, zero debt become more and more important in a competitive market!
I would sooner be holding a company at 45% debt free than a 100% ownership and be saddled with 500m debt, AJM Australia the nearly men of lithium went to the wall on high debt when lithium prices collapsed in 2018 even PLS the darling of lithium just about made it over the line during the last downturn because of debt.
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