You didn't acknowledge the 2nd part of my previous post.
AKE anticipate Lithium carbonate prices for H2 FY22 to be approximately US$20,000 per tonne FOB.
Do you realise “FOB” (Free On Board) excludes insurance, sales commission and freight charges included in “CIF” (Cost, Insurance, Freight) pricing?
In other words, AKE's anticipated price of US$20,000/t is net of freight (shipping), insurance and sales commission.
That brings into focus another interesting topic.
When LKE refreshed its PFS and updated its lithium carbonate price to US$15,500/tonne...was it FOB or CIF?
IMO DYOR
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