Might be worth having a fresh conversation about the price of Anode.
I'm curious to know what the minds here think of Novonix's announcement today, which includes some indicative pricing for synthetic anode at $7-10k/t. It's rare to see a company offering up estimates like that, especially when they're well below the usual range of $10-13k/t for synthetic. For that I reason I feel like we can probably trust these figures to be the new baseline and assume the same for Talga? https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL5wm4yRP%2Fv%2Flv57FiGug%3D
For comparison sake these are the numbers being used for Talga right now. March 2023 presentation: + September 2023 Bell Potter Report:
I won't pretend to know as much as Bell Potter analysts, but it would seem like their low estimate is actually the realistic one, and maybe it's still a bit too high. Wonder if any of the people with NPV spreadsheets want to chime in. @Gero, @nickidk4 in particular? The saving grace is the very low cost to produce, so there's still healthy profit margins to be had at say $7k/t.
TLG Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
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