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Alias Born | 06/25/2009 |
Thursday, July 06, 2023 11:22:42 AM
When Pilbara, did their auctions they were getting way above the spot price.
I do not want an offtake agreement right now. It would not be good for us.
We need to wait for the price to move back up.
Carbonate price has slowly rebound.
https://tradingeconomics.com/commodity/lithium
This is resent prices of spodumenee. As you can see price is way down. Not a good time for us to be doing contracts unless it is short term.
Australia forecasts brutal lithium price correction as output surges
Frik Els | July 4, 2023
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172276922
Also if Sayona, finishes the carbonate plant we will get a much better price. Which is suppose to be some time in 2026.
So, it would be a short term contract for spodumenee. Because Sayona, will be producing Carbonate. No longer spodumenee, after 2026.
Our day is coming.
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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