Where did you find again that 60.000 tonnes production?

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tsibis

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08/01/24

13:24

Post #: 71775272
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Originally posted by Fingers xed: ↑

Seriously , Chuxa I am not in losses , my average is under 25 cents . And also seriously you cannot work out $7,000 a tonne profit times 60,000 tonne production is $420 mil USD profit ? Based on Li sale price of $17,000 . All the statistics were in my post , maybe take your shoes and socks of so you can do the maths .
There maybe enough Lithium around the world Chuxa , but it is all about the cost of extracting from the various sources and size of sources . CXO aready can't make enough money at the current price , so any up and comer with this type of size and source will never get of the ground again unless there is insentive to do so , to spend the hundreds of millions of dollars if the price does not increase severely . Surely you are not saying every source and extraction method all have the same cost of production ? Some of these wanna be lithium producers will end up with costs of $20,000 a tonne and wont be incentivised to invest unless there is a $50,000 a tonne sell price .
What do you think the current average cost of production for Li HYD is now in the world including China ?

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Where did you find again that 60.000 tonnes production?

EMH Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 17.5¢		Change 0.005(2.94%)		Mkt cap ! $36.30M

Open	High	Low	Value	Volume
17.0¢	18.0¢	17.0¢	$12.19K	69.15K

Buyers (Bids)

No.	Vol.	Price($)
4	255762	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	38000	2

View Market Depth

No.	Vol.	Price($)
1	5313	0.175
4	255762	0.170
5	200000	0.165
1	10000	0.160
1	100000	0.155

Price($)	Vol.	No.
0.190	14668	3
0.200	666	1
0.210	20000	1
0.220	16000	3
0.225	7500	1

Last trade - 15.53pm 23/06/2025 (20 minute delay)

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Where did you find again that 60.000 tonnes production?

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