thanks, I hadn’t seen the PLS announcement which seems surprising. AjMs recent Ann stated that ‘demand remains strong for quality spodumene’ and I presume PLS is still good quality or indeed similar to ours. On that note with share cargoes do they mix our product - are they for the same customer/downstream processing? I’d there truly is softening demand we need to get to profitability and then tread water without ramping up capacity - that is unless we have better offtakes...
On that note Ganfeng is named in the PLS Ann re soft demand yet they’re our major hope for buying the JRO and Lionergy volume if those two fall/are falling over. Perhaps the spod conversion bottleneck is even worse than the battery supply bottleneck which in turn furthers the need/rationale for local plants to supply.
AJM Price at posting:
10.3¢ Sentiment: Buy Disclosure: Held
