Its very strange wording, I just hope its not bad news and dont think it will be considering the volumes are up and so is the SP.
All current Lithium production is accounted for regarding off takes for 2018 and 2019 so it can't be that. I recently emailed the company asking if there is increased production through the fines material will that be subject to a new pricing structure given that Lithium prices are rising. As I alluded to in my other post they have not replied to that and a few other questions I asked but I did notice after I sent my email from the half year account seemed to answer that question;
- A fixed price for all production for 2018 and 2019 of US$880/t (FOB Esperance) for 6% Li2O with price adjustment increment/decrement of US$/15t based on grade variation of 0.1%. The minimum accepted grade is 5.5%.
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