Spodumene Prices, page-4640

Where have you been. I have been saying for months there is a big over supply problem and its only getting far worse.
Many will fold in the process and soon PLS may well have to halt production due to the falling spod price and as PLS
sell a lower grade of the mineral our real price is likely to be closing in on our cost price.

2025 they saying our cost price will be higher and I think PLS may well have to halt and wait it out and be thankful
they have more cash than debt. Many have big debts and they will simply fold which is a good thing. Saw all this
play out with to many iron ore producers back in 2007/8. Many iron ore companies went out of business due to IO prices
getting lower than the smaller miners cost price and they fell away leaving the big 4 in BHP, RIO, Vale and FMG.

Then and only then did the iron ore price rise and its been stable ever since with the big 4 making billions each year.

Same will happen with lithium based stocks. The ones with to much debt will fall.
Give it another year and the big boys survive that have cash in the bank and lower debt the ones with high debt fall.

Then and only then does spod go back up.

They say buy in fear which is what is going on now.