So tanked and crashed up another 8000 yuan last night -
another approx 1255 usd
So that’s the third move in a week of 8000y- nearly 3760 usd up in a week
lithium finished product up and closing over 300000 yuan
tin close to 40000 usd/ t
so you can’t actually make the lithium finished product without spodumene right
so with this demand and price rise
don’t be greedy -
just add 100 usd of the 3760 usd approx increase this week to the estimated price a future producer could make in terms of increased margin
after you have done that
then hope that Avz actually finds some shallow high grade mega spodumene and tin deposit - gets a reserve confirmed under the jorc code some time in the near future
oh wait -
my mistake seems Avz already has a confirmed mega resource and mega all important mining reserve which is close to the surface and also contains tin
just 100 usd more to the producer- multipled by the known confirmed jorc reserve
and what have you got?
You have confirmation that that stupid plastic cheap calculator from the 2 dollar shop on your kitchen table isn’t much good for anything needing to calculate anything over 100,000,000 and that you should probably update you device
carry on
AVZ Price at posting:
88.0¢ Sentiment: None Disclosure: Held