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GXY galaxy resources limited

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Hi shades if you don't mind me asking what price did you get...

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mushroom one

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24/01/16

12:01

Post #: 16858601
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Originally posted by shades2 ↑

Mines vary with 1-4% or so Li2O (1% would probably make most mines nearly non-feasible)

"A typical spodumene concentrate suitable for lithium carbonate production contains 6-7% Li2O (75% - 87% spodumene". So it's more about the purity of Spodumene at that point.

Mica content as low as possible probably, they might use other fillers more suitable for such a battery.

Further down-stream processing produces:

Industrial Grade: < 99.0% Lithium Carbonate
Technical Grade 99.0% LC
Battery Grade 99.5% LC
EV Grade 99.9% LC
EV Plus Grade 99.99% LC

Source: http://www.globalstrategicmetalsnl.com/_content/documents/405.pdf
(Sept: 2013)

http://www.sgs.com.au/~/media/Global/Documents/Flyers and Leaflets/SGS-MIN-WA109-Hard-Rock-Lithium-Processing-EN-11.pdf

At that time.. Battery Grade was USD $6,500/t, EV was $8,500/t, EV Plus $15,500/t
Those prices are sure to have risen nicely since Sept 2013.

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Hi shades if you don't mind me asking what price did you get your ishares at and what is the percentage on the dividend yield. Do they pay quartly or yearly? Thx

GXY Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Hi shades if you don't mind me asking what price did you get...

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