The price for the LiCl is market linked which is standard. Far as I can see the two variables will be: - The "processing fee" for use of the nano-filtration technology, as yet unknown - The refining charge which could potentially be higher should the nano-filtration process remove less Mg for example than the liming plant (per the presentation, nano removes 84% of Mg, need to check how this compared to the liming plant per the DFS)
Should the opex include all of the above and still be 18% lower that's a fantastic result but we need all that clarified. Should opex be 18% lower but that doesn't include the processing fee of 25% then obviously its not so good. Hopefully we shall find out this week....
GLN Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)