$1.40 to $1.20 current - bear in mind this stock can be volatile over 10% in a single day, so its not a big deal.
Stock can also rise as well in a better environment.
Re Lithium i note PLS is flat trade at 87c and market cap $1.5bn. We have more resources than them 100% project wise, not to mention a downstream project which pays off better over the cycle.