Historically, ORE have always struggled to produce battery grade and would always receive lower sale prices than the likes of SQM etc. They would often confuse the market by mixing their numbers for battery and industrial grades in their quarterlies. Below is a June 2020 quarterly showing only 29% being battery grade. I suspected their 'average sales prices' merely depends on how much battery grade they sold compared to other grades for the quarter and is not reflective of any significant underlying price movements. They are also another example of valuations going crazy in the sector.
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