You may be correct with many of your figures . However I’m not sure about being able to commission anything much in 3 years ! Bloody good effort if they do . Also if they supply enough Lithium for 1 million cars a year , didn’t the Chinese buy 1 million last month ? The world may need every bit that they can get ? Also the expansion of grid battery use is happening and will only grow ? We are all guessing but it appears that those that rubbished the idea of China running down its supply of Lithium got it wrong ? It also looks like the narrative around an oversupply , this year are wrong ? The latest estimates that I’ve seen are suggesting a possible under supply ?Lots of buying going on , forcing up the price . LTR should help meet battery demands , it is obviously going to be high quality battery grade material that is sought after and that’s what we’ve got . I might be over simplifying it but compared to many other producers ( Lepidolite , brine , Africa ) LTR is in a good jurisdiction , with a good resource and management . If the Lithium price keeps sneaking up , it should be an amazing investment .
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Price($) | Vol. | No. |
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