PLS 2.04% $3.00 pilbara minerals limited

Pilgangoora at No. 2 - WTF???, page-70

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    Concentrate for supply to battery producers has increased to US$ 450/t of 6% Li 2 O product  this is US$ 7,500/t of contained Li 2 O, or US$3,000/t of LCE (as Li 2 O, is 40.5% of the weight of Li 2 CO 3 );  given the AUD ‐ USD rate of 0.700, this gives AUD 643/t or $A 2.92/lb 
    Low iron spodumene concentrate for glass / ceramics is about US$ 650/t  given the AUD ‐ USD rate of 0.700, this gives AUD 923/t or $A 4.21/lb


    Funny that isnt it maybe LCE isnt what it has cracked up to be....
 
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