if it wasn’t at the top of the lithium price cycle it was close to it but let’s just say that prices have softened considerably since then.
secondly, in case you missed it , WES has deferred the project indefinitely because the economics are no longer attractive enough to proceed. So making the product 15 times more valuable than the raw product somehow has a very hollow ring to it. WES had similar predictions when they were gung ho on conquering the UK hardware market and we know how that ended.
The longer that the project is delayed , the more likely that non lithium battery technology emerges.
if it wasn’t at the top of the lithium price cycle it was close...
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