We don't get spod better than the spot price at all.
When spod was $1100US/T we were selling it at afar lower price than that.
We did one BMX auction back in May for $1106 US/T for 5000 T.
Look at the June data. Shows average selling price was $840US/T.
We find out on Friday what the profits are for the last 6 months.
Some are suggesting the profits are $400m and it may even be about $600m
due to the fact we are buying out another mine. They also building another project
to cost $1.2b and as their cash reserves are going down they'll be going into debt or they had a good
enough profit in he last 6 months.
Find out one way or the other come Friday.
Then I suspect the stock will zoom up to $3.50 and beyond.
Spodumene Prices, page-4737
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$3.16 |
Change
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Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
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