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The elephant in the room HappyCats [ATTACH]

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shadowboxer1

2,755 Posts.

13/06/16

23:27

Post #: 18022631
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Originally posted by HappyCats ↑

So SQM are somewhere around 25% of the lithium market on $80m of revenue for Q1 16? Gee that is an itty bitty market for any commodity, regardless of the bullish projections. Seems SQM can cope in the current price regime with little profit from potash. Wait 'til everyone ramps up and then obviously it will be survival of the lowest cost operators. And if that is going to include sub 2% grade spodumene miners, they had want to be well bedded-down fast. History doesn't reflect kindly.

Brine preferring Twitter Joe reckons due to demand, the spodumene window for new players to produce is open until 2022. Punters better hope he is right and not the more conservative analysts. But the punters here don't need hope, because they already know they are 100% correct, and any contradictory source is clueless, regardless of authority. There's no riskier mindset within which to do your dough. And I also might add there's a bit more risk evident among some punters given the amount of green thumb garnering fiction with conviction, a few here spew forth.

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The elephant in the room HappyCats
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