IR1
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11.1% 20.0¢ iris metals limited

Ann: Annual General Meeting Presentation, page-62

  1. poobum
    83 Posts.
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    20/11/23
    17:46
    Post #: 71003183
    FOB is only half the equation. CIF is better number to capture all costs.

    PLS has an inferior product to what LTR expect to produce. PLS can only produce at that cost a 5.3% Li2O product - so the price received is adjusted pro-rata to the 6% reference price.
    IR1 Price at posting: $1.46 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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