Australia's largest stock trading and investment forum Australia's #1 stock forum

A40

Click for more information

0.00%

8.2¢ alita resources limited

Ann: Voluntary Suspension, page-21

First 21 Last

Share
Profile

Follow
luanboo

694 Posts.

682

27/12/18

11:57

Post #: 36963786
Share

Originally posted by Rick19: ↑

I'm not so sure A40 are at the stage where they need to contemplate a reduction in the sale price of the spod coming out of Bald Hill. Whilst we are seeing some other players discounting their product for a variety of different reasons (mainly internal), our product by all accounts is somewhat unique and should Burwill not want to pay up there would no shortage of suitors.

Lets not forget the quote from Tribeca’s Hayden Smith.....

“The project has the lowest capital intensity in the sector and produces a coarse product anomalously low in magnesium, iron, mica and other deleterious materials, making it highly sought after by lithium converters,” Mr Smith said.
“We believe that Bald Hill spodumene will ultimately command its own pricing mechanism, much like high grade iron ore or high energy thermal coal.”

Expand

Don't forget negotiation don't happen the way Trump see it - ie. one-way.
We want them to give up exclusivity, we have to give something...

Of course I would love the scenario you mentioned, and Burwill give up their exclusive rights for fear of penalty (for delayed taking delivery) and nothing else.

A40 Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

Bitcoin investors need to know the risks

There are more pages in this discussion • 395 more messages in this thread...

First 21 Last

Add A40 (ASX) to my watchlist