OH MY GOSH!
The marketing study undertaken by Benchmark Minerals Intelligence as part of the PFS projected that lithium hydroxide prices in Europe would continue to increase from the present level to a peak in 2022 and then decline to stabilise at a real terms price of US$15,000/tonne. The strategy for the Company is to supply lithium hydroxide to the nascent lithium battery plants of Europe.
The Company is in discussion with a number of these regarding future off-take contracts.
I am completely sure that when future off-take contracts are announced, there will be a whole lot of surprised and unprepared people here. The holders of EUR will not be surprised at all. Just some of U all!
