Maybe your $US900 is more a FOB price, is that what you are suggesting?
Yes thats correct Rota, its a very difficult to get an accurate picture of prices received as the final wash up for each shipment can play out over months...I prefer to try and be conservative .
Usually they are paid 80-90% on shipment and the balance of 10-20% is sorted out after refining with a quotation period in between and depending on what happens with prices in between dictates whether that 10-20% gets eaten into or added to. Other costs related to shipping etc are hard to quantify accurately.
The bottom line is the price of Spod is now around 30% up off its recent low so we will be getting around 30% more for shipments now than we were in January/feb and thats probably why we have dodged C&M ,so lets hope the trend holds firm.
Below from the Dec quarterly is a good example of the quotation period at work with sales made in the September quarter negatively affecting the Dec quarter, during rising prices that can have a positive effect, it all averages out over time and it's why companies don't give forward projections on revenue.
"The average realised selling price (FOB) decreased by 52% to A$946/dmt compared to the previous quarter. Lithium price indexes continued to decline during the quarter, leading to Quotational Period adjustments totalling A$6.1 million (A$254/dmt) which related to a prior quarter shipment. The estimated underlying average realised selling price achieved for the quarter (excluding Quotational Period adjustments) was approximately A$1,200/dmt."
Cheers Whisky
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-137486
-
- There are more pages in this discussion • 3,346 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
|
|||||
Last
3.5¢ |
Change
0.001(1.47%) |
Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.4¢ | $456.6K | 13.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
98 | 7251084 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 11054763 | 76 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
96 | 7111790 | 0.034 |
98 | 24521346 | 0.033 |
90 | 20722840 | 0.032 |
42 | 20573782 | 0.031 |
80 | 13950695 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 10952295 | 74 |
0.036 | 13711775 | 46 |
0.037 | 3384771 | 16 |
0.038 | 4254527 | 18 |
0.039 | 2135186 | 14 |
Last trade - 14.28pm 25/06/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |