Hi teamspid and cazz. ME put out a tweet on October the 10th showing +80 mesh Large Flake Graphite prices in Europe had risen from $1250 to $1275. Now it appears from Croc's post, +80 mesh has risen to $1345/t. $95 is a nice increase in just over a month wouldn't you both agree. So much for the niche market mrsell.
Lindi will produce 12,000 tonnes of +80 mesh Large Flake Graphite per annum which is already been allocated to our Offtakes partners. 12,000 x $95 (A One Month Rise) = $1,140,000. Cazz do you still think WKT Management and CRDB have made a poor call in making Off-Take Agreements a Condition Subsequent.
As +80 mesh ($1345/t) is Lindi's 3rd most valuable grade teamspid, are you still sticking with your call that Lindi's basket price will be $1200 or will you finally admit to getting this completely wrong???
Welcome back Croc and as always, DYOR.
Lindi v Molo, page-71
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