Sure, it has to meet certain standards of quality, but I think it's more a case for AJM that the price is right...
My term of 'spod quality' actually relates to meeting the standards required, in a nutshell. Is there a better term for it in this context?
The price is right basis is being tested now, with li market prices dropping to around AJM's contract prices. I believe AJM is getting a bit more now for the spod than GXY. I suppose that could be influenced by their 5.8% spod. Has A40 released the data yet on how much they sold their stockpile?
Maybe that will be a better basis for assessing the price factor, to see how much the other miners are getting for the spod on a like basis
Media Coverage Relevant to AJM, offtake partners and major holders, page-7
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.838K | 946.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 120 | 181196973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 19500476 | 45 |
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| Last trade - 13.47pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |