AKE 0.00% $9.83 allkem limited

Lithium a ‘critical’ metal?, page-5

  1. 1,684 Posts.
    lightbulb Created with Sketch. 1229
    Wow... given Cassandra's statement Orocobre just increased in value significantly. What did Orocobre pay? ....a fraction of that..and indeed it will cost Orocobre a fraction of that fraction to double capacity

    Rockwood is willing to investing a staggering: wait for it.......

    750m

    for just 20,000tpa  extra  of the stuff.

    750m

    Unless they have way way too much money and they intend to just burn up 750m for the sake of it...they are demonstrating that they (who know the market better than anyone) are willing to spend the $750m  and the time and risk (they might have experience but no 750m mine project rollout goes smoothly) on the expectation that the market for Li is what?????

    ............well that doesn't take an expert to figure out. Clearly Rockwood have told us where the market is heading .

    564xxl
    Last edited by 564xxl: 26/01/16
 
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