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08/12/23
23:30
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Originally posted by Black Cat:
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Pilbara Minerals and most other lithium oxide producers have been making huge profits when Li2O was about $8,000 a tonne and even now at current prices of about USD$ 1670 a tonne are still hugely profitable. PLS has a cash cost of about A $ 600 -700 a tonne and the current price is AUD$ 2500 + a tonne. And that's not profitable -tell it to the marines. You really are struggling - why don't you do a couple of years serious research and then we might be able to have an intelligent discussion. You shouldn't be investing in junior explorers with such a basic lack of knowledge.
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The reality is like FBM pushing sh..up the hill with the pointed stickhttps://hotcopper.com.au/asx/fbm/