While Prices of Lithium continues to rise, SLI's price to create it is incredibly low!.
As I read through the Preliminary Economic Assessment published yesterday by Standard Lithium there is a chart that I believe everyone should get very familiar with. That OPEX per tonne. $2,600.
With Lithium Hydroxide prices nearing 10x that, this is incredible news. That's incredible. This comes out to a rough estimate of $630,000,000 per year.
That OPEX there includes all land use costs. leases and manpower.
Long and short of what I'm saying. SLI makes huge profits based on their low OPEX costs.