problem is lithium price isnt at where it needs to be.
li price is $7,000 usd per ton atm. My mistake was that dfs was based on Aud when its usd so the current price is still short of what we need for a decent IRR.
the team saw January was good for price pressure perhaps they are waiting to see if Feb continues to push before these third parties worry the pricing pressure will continue.
id rather wait a few more months if it means getting a solid offtake price. We have waited this long, whats a few more months.
INR chart thread, page-254
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