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Just putting up an apology for speaking on that other thread I...

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Shagdog

1,397 Posts.

11/08/16

15:55

Post #: 18496677
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Originally posted by airconditioner ↑

Not really safe to say that.
Most demand projections are exponential rises in the world's demand.
I've now lost count of how many gigafactories are coming on line over the next couple of years.

SDV would have the sort of output that could meet the demands of possibly one of these factories. Whilst producers are few there could be a spot-like competition for their offtake but I think its safer to say that gigafactories would be looking to secure their future with a solid producer and have longer term contracts. This is the current situation for the big brine producers at the moment.

We will see the scale of spot market demand for our spodumene in Q4 with at least 15kt headed in that direction.
Its a viable way of increasing our prices and testing demand in a semi-auction type process as we negotiate for the pricing of 2017's first shipment of 120kt.

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Just putting up an apology for speaking on that other thread I forgot I had banned them had to speak to c soza

GXY Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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