GXY galaxy resources limited
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ORE's investor presentation should give confidence re Li prices:...

  1. Jehosephat
    2,728 Posts.
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    03/05/18
    14:12
    Post #: 32860648
    ORE's investor presentation should give confidence re Li prices:

    • Record Olaroz sales price of US$13,533 / tonne FOB1 , up 17% quarter on quarter (QoQ) with higher priced contracts reflecting firmer market conditions
    • Cost of sales of US$4,356 / tonne2 and record gross cash margin up 21% to US$9,177 / tonne

    Read the whole lot here - bodes well for SDV, which should be able to avoid the problems that ORE experienced in ramping up.

    https://research.nabtrade.com.au/uploadhandler/z08907c0az7735424386894af88d0141506a42b4e5.pdf
    GXY Price at posting: $3.24 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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