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08/12/23
23:14
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Originally posted by Black Cat:
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Pilbara Minerals and most other lithium oxide producers have been making huge profits when Li2O was about $8,000 a tonne and even now at current prices of about USD$ 1670 a tonne are still hugely profitable. PLS has a cash cost of about A $ 600 -700 a tonne and the current price is AUD$ 2500 + a tonne. And that's not profitable -tell it to the marines. You really are struggling - why don't you do a couple of years serious research and then we might be able to have an intelligent discussion. You shouldn't be investing in junior explorers with such a basic lack of knowledge.
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Interesting: which of your prospects now in hands of Inca has a potential of Pilbara Mineral who is the market leader in Australia ? How many prospects out of 1000 becomes the producing mines and the market leaders on the top of it ? You should not gamble on resources without a basic knowledge of the Game theory and basic statistics