The hydroxide deal is truely amazing looking at the gross revenue it generates versus plain selling spodumene there is no competition. $77mill gross profit vs $25mill gross profit
lots of further yummy profits as our production costs lower as well, I expect when this deal goes binding share price goes boom and it sets the precedent for the further non China deal they are cooking.
If we do the math A40 on stage one two down stream lines based on gross profit should be a $1.5-$2billon dollar company.
A40 Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
