Thank you, I believe you are right and it seems that is what explains the shift of SQM and Orocobre price in the chart from 2000 to 3000/3600 respectively. For Orocobre looking at:
http://www.miningnews.net/operations/production/orocobre-expects-better-lithium-pricing/
"Cash operating costs for the December quarter came in at $3530/t, meaning gross margins of $5477/t.".
So I believe mjp2 you are correct. I already bought more of EMH today. It might fall down more in panic of course but the PFS numbers in general are great and whatever even for the price from last week is bargain.
Keith - The market wants LMax!, page-5
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Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $38.37M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $36.68K | 201.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 83439 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 20670 | 3 |
View Market Depth
| Last trade - 11.39am 15/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |