Wow - looks like short covering happening! But it'll come down eventually.. what goes up must come down.
Just doing a bit of research as been out of loop...looks like GXY is a pretty high cost producer.. given MIN is selling their 6% concentrate at $840, with faster shipping time from port hedland, it looks like MIN has a huge advantage over GXY in terms of price, delivery time, and mine life.
Wonder if MIN can bring their LCE costs down to the $4000s or less
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