The board at lpi could be better but a lot of companies are scared to provide too much info these days. The real problem with lithium sp pricing hitting the fan happened when the Chilean government told sqm that it could triple its output. Basically from that day on, the price of lithium has fallen and sp's have tumbled.
I'm not sure we are going to see prices like we used to because over the next few years, production will sky rocket.
I'm not sure what the ratio of supply and demand will be in the next few years so would like someone to point it out for me.
LPI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held