IMO, the hype and excitement of BMX auction will diminish somewhat overtime as the spot price for spodumene stabilise.
The contract price will creep up higher towards US $3,000 to $,4000 range in the short term (2 - 3 years) and settle between US $1,500 to $2,000 over longer term.
Still a lot of coin to be made by current producers from now to 2025/2026 until more supply coming on stream.
I am holding my breath waiting for a retraction from N. Snowdon (GS) on his brave call that LCE to drop to US$16,000 (currently north of US$45,000 and higher in spot market) by next year.
Ann: Result of BMX Auction, page-132
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
0.000(0.00%) |
Mkt cap ! $9.034B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5500 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 2990 | 1 |
View Market Depth
| Last trade - 09.46am 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |
Day chart unavailable