Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-5629

First 5629 Last

Share
Profile

Follow
onthepunt

5,228 Posts.

2496

07/06/18

11:23

Post #: 33557014
Share

Originally posted by eshmun ↑

The company isn’t contemplating the building of a refinery or producing lithium carbonate, they are doing a transport study to find the quickest and most cost effective way to move concentrate to port. Today’s price of LCE is irrelevant. What investors here should be considering is what the price of spodumene will be in the years to come and what the impact of being landlocked will have on the future costs of an operation at this location. Eventually all these mines will compete with one another and just because you have a large scale deposit doesn’t mean you have a deposit with the largest margin. The CapEx barriers to developing large scale deposits are large and that’s why they often don’t fly, particularly in Africa. Case in point is the world class Simandou IO deposit. Esh

Expand

"Today’s price of LCE is irrelevant. What investors here should be considering is what the price of spodumene will be in the years to come"

According to BMI the price will likely be higher based on forecast shortages.

AVZ Price at posting: 13.3¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HAS

Hastings progressing Yangibana to production with lower costs

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

The iron ore comeback: Can it last?

There are more pages in this discussion • 78,291 more messages in this thread...

First 5629 Last

Add AVZ (ASX) to my watchlist