NMT 1.37% 7.2¢ neometals ltd

Ann: MIN: Second Shipment of Lithium from Mt Marion, page-4

  1. 1,242 Posts.
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    Can anyone clarify what the 6% and 4% means?

    I thought (from their releases and publications) they were going to stockpile the 4%. It raises a number of questions. What's changed? What it the split? Were they loaded separately?

    It kind of suggests to me that Ganfeng is desperate for any concentrate feed at the moment and will take whatever they can fit in a ship. Apart from the possible confusion this may mean for what the payment is, it is always better to have a product earn you money now, rather than sitting in a stockpile earning you nothing.
 
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