A40 price action, page-199

Hi LT,

Not sure if you're taking the p!$$ or not.... but, happy to oblige as no doubt some others will ask questions also.... some may just do some research first...

here's some notes:

18,000 dmt in jan @ USD$880 (18kt agreed to, shipping only indicated 17,000 dmt)

from here: https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4gi/yBOZoYMJke92GA==

then if you look through the shipping info we believe another 5000 dmt went out as possible test run for potential new offtaker...we don't know the price here....

here's a link, but, can't be bothered looking any harder for actual confirmation....

11,000 dmt early march, per here:

https://hotcopper.com.au/posts/37500405/single

would think 1,000 at USD $880/t, the remaining 10,000 dmt under the new offtake pricing arrangement (top link). It also indicated current offtake partner would take the first 10,000 dmt at new pricing in feb.

per the below link, from 07.02.19, company expected aother 30,000 dmt to be shipped, or available for shipment in march quarter.... this would include the 11,000 dmt mentioned above for early march....

https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4ge+zBeZoYMJke92GA==

and yes, payment of 95% received upon freight, confirmed by management... and pretty much the same with every other aussie lithium miner...

will they ship any of the remaining forecast 20,000 dmt in march? we don't know... but it won't be far off (hopefully)