Agree with posters above. It’s all about iron ore (not SP6).
AFR reporting Dalian futures hit A$231/t today. Looks like a massive bubble ... would be happy for MIN to forward sell their entire forward production at those prices! Anyone want to predict forward 12 months cashflow at those prices? Massive divvy coming? Or can CE find a way to invest this bonanza at his historical IRR?
Lithium - Tesla - alb - min : Howard Klein, page-28
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