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Ann: Orocobre Limited - Appendix 4E, page-25

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  1. Sjlasx
    3,615 Posts.
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    23/08/19
    19:44
    Post #: 40126931
    IIRC they have mentioned before that the purification circuit costs around US$2000pt at the moment.
    I don't think they would have issues shifting BG above US$7700pt. Spot pricing in China is still well above that. Therefore I believe US$5700pt is too low.
    Yes, S2 output would have a mix close to 50% however they haven't been achieving anywhere near that with S1.
    AIMHO
    ORE Price at posting: $2.35 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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