AGY 7.69% 4.2¢ argosy minerals limited

It's a shame spot price gets so much consideration.The reality...

  1. 2,243 Posts.
    lightbulb Created with Sketch. 953
    It's a shame spot price gets so much consideration.

    The reality is spot volume is minuscule compared to guaranteed supply contract and it comes with inconsistency of quality - few want to feed that into their cathode process.

    Contract on the other hand offers guaranteed grade, quality and price.

    Currently running at a premium of $5k-15k over spot.

    imo
    dyor
 
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