AKE allkem limited
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The quarterly was not that bad really. It was just the market...

  1. Funkyroski
    1,211 Posts.
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    03/02/17
    22:47
    Post #: 22365347
    The quarterly was not that bad really. It was just the market was pricing in more. obviously the port delays reflected badly but the product is there awaiting payment.
    With the latest contracts pricing at over$12000 per tonne +20%. And olaroz running at a little above 80% capacity, the numbers are favourable and the value is there.

    Do the math yourself but at this price it it's an EPIC STEAL.
    ORE Price at posting: $4.03 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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