Banter and general comments, page-20913

Noted.

So ASP = $5,000/t and Revenue is US$75M (and ~20% discount to PLS contract price of ~US$6,300/t for 2023 and 37.5% disc to BMX auction of ~US$8,000/t). You are noting US$ right and not AUD$ ... AUD$ would imply a lot lower US$ selling price.

Is there a priority "claim" with our OTA's. Is that first shipment of of SC5.8 ish going to Yahua, Ganfeng or a mix. I hope its just Yahua as that would make it pretty easy to figure out what they are paying.

Submitted my report and now I wait for actions, if any, from ASX.

@Avz ... you probably can only look at that table on an EV/LCE Resource basis because you've got a heap of companies all at various stages of development their project and capital raised their projects. Time is money. When I look at it the only real comp at this point is PLS (as in WA hardrock producers). And that is an unfair comparison. But staying with that the table says you are paying ~$3,350/t LCE Resource for CXO and ~$1,250/t for PLS. Any rational risk adverse investor picks PLS on that basis (and this will raise the ire of some, this is what GS means when they say that CXO has run ahead of its fundamentals). I wouldn't be relying on the comparisons in the chart ... but that's mean and I don't own GLN (I own PLS and CXO and PLL and LTR just to name a few of the names on the table ... a believer in diversification shall we say).