WA1 0.06% $17.88 wa1 resources ltd

I think you mean this.The price without Chinese VAT is...

  1. 580 Posts.
    lightbulb Created with Sketch. 686
    I think you mean this.
    https://hotcopper.com.au/data/attachments/6237/6237182-41a073326370c35dda69300935b192e4.jpg
    T
    he price without Chinese VAT is appropriate i.e US$34.7/kg. It looks like the spot price of an FeNb product as produced by Ximei Resources (the largest Nb producer in China) which is to a different spec to Brazilian FeNb. I understand there are 3 major locations for FeNb spot prices, Amsterdam (see Pete RRex posted screenshot last year), New York and China, with common price differences of about 5-10%. The price I have adopted is from Brazilian customs data reported by Comex and shown by this modified graph from Argonaut over which I have superimposed the Amsterdam spot price from the PeteRRex screen shot. Comex price data to May 2024 shows that the FeNb price has weakened a little since the Apr 2023 end date shown on the graph.

    https://hotcopper.com.au/data/attachments/6237/6237256-2a5475fb2b400c8c01d47f342103180c.jpg
    I'd rather call it quits if I
    haven't convinced you - no more juice in the tank.


 
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