The shorters spread Core is equivalent to Atlas Iron at 2015 to...

The shorters spread Core is equivalent to Atlas Iron at 2015 to 2016.

I had been through that period and can confirm it was totally different.

	(AUD)	Core Now	Atlas 2015
1	Cost price	$900 per ton of SC	$50 per ton of Iron Ore
2	Major supplier cost price	$700 to $1000 per ton of SC	$20 per ton of Iron Ore
3	Product spot price	$2,000	$45
4	Debt	0	$267Million

I am not sure about other lithium stocks, but Core is definitely in the better position compared to last few quarters. Even if SC6 price dropped to $900 AUD per ton, Core will be still here patiently waiting for the SC6 back up to $5000AUD level and making huge profit.

The share price now is ridiculously attractive. I believe this is due to the information gap. Had been in the ASX market since 2006 and this kind of opportunity is very rare.

Just imo, please DYOR.