This is exactly what I was highlighting recently guys “MIN The...

This is exactly what I was highlighting recently guys

“MIN
The weighted average realised price achieved in the quarter across all three lithium operations was
US$970/dmt (US$1,212/dmt SC6), an increase of 15% qoq.”

look at this min achieved 970 or usd$130 more than pls despite lower grades

Min penalties are usd242/tonne
If sc6 are $1212 and pls achieved only usd840 that’s penalties even worse usd342

then look at sigma’s usd1,290 sc6 that inflates even more by usd78 to usd420/tonne

therefore, on grades alone as Ltr achieves 6%, Ltr is ahead betweeen usd242 and usd420/tonne, that’s up to aud636/tonne


this is insane

$636 x 600k = $381 million on appetizer alone
Even if you’d halve that, it’s still more than what PLS generated in the last 3 quarters combined


Will the 450 strong men and women at KV be allowed to brave the heat, dust, flies and mozzies for $1 a tonne of profit?


LTR repeatedly touted LTR will not repeat the mistakes of peers. We’ll soon find out if we’re a bit smarter or bit more stupid in selling our product. I’m betting on the former