AVZ
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0.00% 78.0¢ avz minerals limited

My HKTD says the Chinese market reference price is only...

  1. tendoji
    419 Posts.
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    19/05/21
    23:58
    Post #: 53290712

    My HKTD says the Chinese market reference price is only partially relevant to AVZ. And that fact is indicated by how hard AVZ worked to improve terms beyond the average WIN-win formula China operates with time and again.

    I can not completely confirm though except to say AVZ makes vague reference to various pricing if any one recalls in announcements?

    “Pricing USD/CIF, China determined by a formula which references various published market prices of lithium carbonate and lithium hydroxide products and underpinned by an agreed floor price..”


    AVZ Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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