I think he is thinking like I am.
Cost of spod 7.2 x 1700 = 12240
Approx conversion cost p/t = $5000
Cost to produce 1t if Li Chem = 17240
28000 current price.
Approx’ 50 odd % margin.
That’s my trader beer coaster calculation and why others shouldn’t take any notice of my calculations.
Good News & Bad News, page-4652
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