@Napolian
Your numbers look about right but that is just a snapshot of the current market. Somebody like Glencore should be looking at this with a long term mindset. 12k Carbonate is below the incentive pricing needed to bring future supply on. If GLN (as a low cost brine producer) is priced out of the market then very little projects will make any economic sense.
General Discussion Banter GLN, page-14240
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $479.0K | 2.861M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 848959 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 312986 | 3 |
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| GLN (ASX) Chart |