So interesting reading for you.
Spodumene prices continue to fall amid weaker demand for lithium - Fastmarkets
Chinese lithium prices resume downtrend amid weak fundamentals - Fastmarkets
These gentlemen keep in touch with key players in Chinese Market. Well worth keeping them on your watch list.
I presume you all watch the SC6 price chart, In case you don't I attach it here.
Spodumene Concentrate Index(CIF China) price today | Historical Spodumene Concentrate Index(CIF China) Price Charts | SMM Metal Market
We will reach US$1000/dmt soon probably this week. This will convert into A$1495/dmt. Both PLS & LTR have a AISC of around A$1000/dmt so their AISC margin will be around A$495/dmt. This is not the same as FCF. To get FCF you will need to deduct corporate administration, Interest cost (LTR only) and corporate taxation from the AISC margin. For both PLS & LTR, FCF= approx A$270/dmt. (ASX tax = 30%. LTR debt A$760m repaid over 3 years. SC6 = US$1000/dmt for entire FY.)
Please remember these are my calculations only and I would expect you to perform your own rigorous DD on them.
So interesting reading for you.Spodumene prices continue to fall...
-
- There are more pages in this discussion • 3,000 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $2.472B | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.06 | $1.02 | $11.14M | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 250765 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 109766 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |