and that was for 5.3% concentrate which would attach a significant penalty compared to sc6. As far as I know, bald hill has been churning out sc6+ from day one so there’s a significant blending play for allkem to acquire bald hill.
$900m annual profit from a single mine is mind blowing. There aren’t many mines around the world regardless of the mineral that churn out those sort of $. And that was for 131k dmt annual production compared to the 38k wmt at 6.3% that bald hill produced in he last quarter that a40 were in control. From memory that was before the fines circuit got switched on as well. All that should be reflected in a valuation and any bids/auction when the da does their f*ing job
