Borrowed this from Dr_Manhattan on another thread, just for the price of carbonate;
Also asked 'if he expects the $900/t+ offtake price of GXY to come down?' He questions if the converters would be making a profit at those prices going of the US$11,000/t carbonate price (brine producers making carbonate skip converter costs and can sell for higher $14,000). Also talked about fix term contracts since the carbonate price fell pretty rapidly and also added that AJM can't price itself out at this stage. I asked if it’s partly a case of getting your foot in the door and renegotiating later and the answer was its what you always do.
AGY Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
