Good point. The price is in the miners and refiners favour and...

Good point. The price is in the miners and refiners favour and it will change at some point when and where who knows it's going to be a while when you look at the demand curve time line and the time line to bring on new mines and carbonate and hydroxide capacity. Even when it does change it's going to be profitable to mine and refine otherwise you would just shut shop. Pretty much like all the other commodities the big super profitable miners slow down and control the output. The less profitable go out of business or get swallowed up. The PLS advantage is they are racking it in and hopefully will use it wisely to become an integrated miner and refiner. IMO there is a big window for someone to bring new technology to Lithium Hydroxide refining PLS could do this with Calix ( if it works at commercial scale)