LI spot and contract prices divrge, page-4

Yet the chart is also saying oil equities are overpriced and should correct downwards. And as much as this has been a tough 10 months with Lithium, they are now very much underpriced, especially when one looks at the demand forecasts (which don't contribute to this chart). And if the China Lithium spot prices were used to value the Lithium stocks, that even more underplays the real situation, given this is the poorer grade Lithium they are trying to get rid of. We're in a good spot for the quality lithium producers to go up.