mate I'll give it you...you are nothing if not loyal! surely you can see the writing on the wall here now? There is no money to be made in spodumene production and if you can actually find someone to buy it good luck trying to make any margin out of it. All the PFS and DFS costs have been completely wrong. Recoveries were overestimated it's a complete disaster!
The only spod producers that will make money are those one's that supply their own LiOH/LCE refinery or have some sort of JV arrangement. The big boys like SQM, ALB, Ganfeng and ORE have cornered this market buy building the mines to supply their own refinery's.
DYOR IMO only.
mate I'll give it you...you are nothing if not loyal! surely you...
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $1.201K | 353.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 85 | 59914810 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 26419101 | 77 |
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| Last trade - 12.11pm 29/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.3¢ | 412078 | ||
| Last updated 11.03am 29/04/2024 ? | |||||
| 1MC (ASX) Chart |