. Core....has agreed to supply the concentrate equivalent...

. Core....
has agreed to supply the concentrate equivalent circa
6% Li2O spodumene concentrate to Yahua for their
growing lithium hydroxide production as Yahua’s own
downstream demand increases within China and from
overseas customers.
The Offtake Agreement provides for attractive pricing
linked to the market for lithium concentrate price and
subject to a price floor and ceiling
there is a but that follows.. and that is around floor and ceiling price... which need to be thought of when assessing true value and return for SH, in future dividends.... what pricing was set and now assume that will be against spot pricing all be it a discount- which is fine by me- for loyal customer backing.

so what are thoughts around what the true actual pricing will to be. ??? could it be the spot price will be 2500 by the times we are ready to sell? do we want a fixed price at 1500 or even 1800 when a sport price coud be 2500 ???



.....now that the following figures look very very light as pricing moves to beyond $2000US, .... revenue moves to over 4billion!!! but?
FDS...
from revenue of A$1.3 billion (assuming a
LOM average concentrate price of US$743/t FOB).
LOM C1 operating costs of US$364/t concentrate (FOB)
generate a robust LOM operating margin of more
than US$370/t, assuming a LOM average sale price of
US$743/t (FOB).