ITMT PLS are getting such strong offers they aren't even doing spot auctions anymore. Selling spod concentrate at the hydroxide price - less costs and a small profit margin (for the converter).
That's how desperate converters are for raw material.
And we'll soon (as in months away) be selling DSO material.
We thought DSO was going to be a great idea given it might have been done at the same price as the DFS gave for 6% spod concentrate. Could be more than even that now!
Man am I ooking forward to the first DSO shipment announcement. Christmas comes early this year people.
General Discussion, page-3686
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