Managanese spot price around $36 (reduction of more than 14% annually to date).
with lithium section anticipate to pick up from next year, i am hoping managanese price go back to $40 or more.
if next half they can reduce production cost to average $29 then its not bad.
This company is for long term investment.
30c is a very attractive price let alone mid 20c.
The reason for the drop to mid 20c last year as this company was quite new. I was very scepital that they pay div more than 20% but once i done more research, i used my super to buy.
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3 | 262391 | 0.230 |
Price($) | Vol. | No. |
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