Can someone work this out, please?
I'm trying to get an idea of what the POSCO JV might mean to PLS.
The deal is:About 330,000t of spodumene sold to JV, (paid 70/30 by POSCO and PLS) @ say $5000t = $US 1.65B
POSCO plant is for 40,000t Lithium Hydroxide x say $US 50,000t. Value = $US 2B
Profit = $US 350M of which 30% goes to PLS.
It seems there must be something wrong with my numbers, can someone please point it out?
I can’t believe we are going to this trouble for $US100M more than we get for just selling the spodumene. Are the higher spod prices ruining our profit?
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B |
Open | High | Low | Value | Volume |
$2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15056 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 89928 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 2.970 |
2 | 5067 | 2.960 |
1 | 7500 | 2.950 |
1 | 10000 | 2.940 |
4 | 11699 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 31000 | 3 |
2.990 | 28400 | 2 |
3.000 | 113777 | 14 |
3.010 | 8821 | 3 |
3.020 | 135253 | 6 |
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