AKE 0.00% $9.83 allkem limited

Ramp Up & Quality issues, page-4

  1. 141 Posts.
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    Yes; however this I repeat that almost all ORE production is primary grade. The volume is still unacceptable too but market price will help mask the situation; the costumers need product and pay for primary grade assuming the cost of later purification; if ORE were selling Battery Grade the price will be higher;
    15 months in start up; I hope a slow path going to 1500 ton mes; when??? maybe 2017;
    other issue to solve: the costs; high costs now; in part you can see this in the level of losses; surely the losses will continue the rest of year; this excercise no dividend;
    this is only my opinion and for that reason I am out of ORE and of the rest of market; I prefer wait in cash for future opportunities;
 
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