GXY 0.00% $5.28 galaxy resources limited

Would be nice.. Even a small processor to increase margin and...

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    Would be nice.. Even a small processor to increase margin and sell off the remaining spodumene would be a great start.

    For now I just track this pricing to get an indication of what spodumene might be worth to them and also when Sal De Vida would be $1 billion AUD.

    If lithium stabilises around 150,000 CNY before cost we are at $750 million per annum on a 25ktpa build.

    The demonstration build in the mean time. becomes quite lucrative also.

    Though I still think lithium prices will get to $40,000 USD per tonne. Not much in a battery.
    Last edited by Thesi: 04/05/16
 
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