Spodumene Prices, page-43

A quick two seconds of thought here.

It will be interesting to see the results here in the quarterly and possibly in the forward forecasting.

As the prices have clearly been climbing, we have seen the aud climb also, by about 10% or so in the same last 4 month period.

That is going to consume a large part of the increase in the raw material profit when they head in the same direction.

We need the aud to drop again as much as possible to extend our profit further if all else stayed the same, but not before we pay for next door so that we can pay a little as possible for that also.

The two largest influences on our profit once were net neutral cost to sales, is the dollar and the increase/decrease in sale price (short of increasing tonnage significantly and maybe a few others)

Just a brain dump for consideration