LTR 3.91% $1.33 liontown resources limited

Actually the price gap is usd1,001 (4992-3991). This highlights...

  1. vmp
    13,124 Posts.
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    Actually the price gap is usd1,001 (4992-3991). This highlights the importance between quality and crap contracts and/or management. Both opted to produce 5.4%.


    PLS: “The average sales price for the Quarter was ~US$4,267/dmt3 (SC6.0, CIF China basis), with a realised price of US$3,911/dmt (CIF China basis) when adjusted pro rata for actual lithia content. This average price excludes the 5,000 dmt cargo sold via the BMX pre-auction on the 23 June 2022 for US$6,350/dmt on a SC5.5, FOB Port Hedland basis (~US$7,017/dmt on a SC6.0 CIF China basis equivalent), with this cargo due to sail in August 2022.”


    AKE:

    “In the June quarter, 24,845 dmt of spodumene concentrate was produced and 37,837 dmt was shipped, generating record revenue of US$188.9 million with a gross cash margin of 84% based on cost of production and average pricing of US$4,992 /dmt CIF for SC 5.4%
 
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