Been buying KAI again. China is paying $6,841 per delivered metric ton of 5.5% lithium concentrate based on the latest BMX auctions. if you start with 1.0% per ton lithium, it works out to $1,244 per metric ton revenue. Profit margin for the big Australian producers are currently running from 35 to 40%. Big lithium producers are all around the Mt. York property, not too far of a stretch to think KAI could be on to something valuable. DYODD - my calculations could be off.
Ann: Spodumene-bearing pegmatite samples discovered at Mt York, page-57
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Last
0.9¢ |
Change
-0.001(5.26%) |
Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $17.28K | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1942949 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3334130 | 12 |
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| Last trade - 13.44pm 05/07/2024 (20 minute delay) ? |
| KAI (ASX) Chart |