What's the lithium carbonate pricing in those supply forecasts?
Sounds pretty promising by the time SDV comes on line.
Also a point to take into consideration. Spodumene pricing has for the most part been linked to a pricing formula within China that takes into account Li Chemicals pricing.
Just goes to show the trouble GXY would have been in with a purchase of A40 and why progressing with SDV is the solution.
And if you want to use those charts to suggest GXY will need to do a cap raise at a heavy discount to fund completion of SDV, if those forecasts are correct the company should have no problem financing when the US$169m disappears.
Expectations of a major cash drain from MtC are now out the window.
- Forums
- ASX - By Stock
- GXY
- Banter and General Comments
Banter and General Comments, page-11086
-
- There are more pages in this discussion • 9,946 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online