What? no tonnage of shipment announced? Well no surprises there.
Surely its not a single 20ft container? Assuming each of those bags is 1tonne, looks like maybe 10x bags max? So 10 tonne shipment?
Given the company announced previously it was $1900/tonne of battery processed, and the 30% was MMD, thats about $6300/tonne for MMD. So 10x tonne shipment $ $6300/tonne MMD = $63k? Then you have shipping/handling costs, company overheads, rent on Campbellfield + Rent on New Gisborne, rellocation expenses etc etc. We know rent on the New Gisborne property is nearly $110,000 pa. Wonder what rent on Campbellfield is?
LIT has joined the big leagues.
LIT Price at posting:
6.0¢ Sentiment: Sell Disclosure: Not Held
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