Basically no one outside China is profitable at spot prices. What does it tell you if one of the estimated lowest cost producers is basically breaking even/barely profitable at spot prices? It tells me that these prices aren't sustainable and when they do rise MEI will reap the benefits based on the ridiculously low opex.
Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-17
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $344.0K | 3.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 3964048 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 160605 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |