General Discussion Topics, page-137688

Because we didnt make money last quarter and investors are still holding hopes that this next QTR (Q4 2024) sees a massive turn around.

PLL Offtake sales

If you used the last QTR unit cost $1,536 AUD/t and reduce it to SYAs share its 1,152 AUD cost.
We then sell 50% of production to PLL at 900USD a ton s.c 6 which at 5.5 is about a 10% discount. 810USD/t - $1238 AUD/t
Our share of that sale is 75% so $928 .5 AUD revenue
So at a loss on any JV partner say last QTR.

Sales into Spot market

1,152 AUD cost is the same
Sale price per SMM is 1135 USD/t (note that this isnt from the last QTR, this is current and last QTR was worse)
Discounted by 10% as its 5.5 grade - 1021.50 USD/t ~ $1,562 AUD/t revenue (todays exchange)
We then have (after watching the KP interview with Howard) a similar cost I would imagine in terms of freight as PLL (as they arent going to OT partner ATM). So up to a 20% mark up on cost per KP. 1,324 AUD cost mark up (20% at 75% share)
And finally have a 25% JV partner share of our revenue to pay $1,171,50 AUD SYA revenue share
So a loss on sale to spot market.