1. Steve said that they aim at contracting off take partners with a rise and fall price mechanism, which will be likely related somehow to some lithium quotes.
2. As you also observed, spot prices rising would most certainly help Steve at the off take contract negotiations.
3. As you also observed, the lithium prices' trend is very important. That's why I provide charts, which clearly show the trend. This is so simple, even JL acknowledged that the trend is very important.
Lithium prices, page-4
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $61.73M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.6¢ | $82.85K | 2.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1569155 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 944575 | 9 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |