Spodumene Prices, page-4674

cap ex aside, would it be safe to say that PLS is still profitable?
spod price is US$869


here are all the costs used in the gold industry


unit operating costs(CIF) = US$483
would include operating costs + royalties.
Maybe not head office expenses, off site costs, exploration expenses or sustaining capital ...
Not sure what G&A expenses might be.
anyway would it be fair to include say another 20% to cover all costs not included in unit operating costs(CIF)?
If not say why.
if so however costs would be about US$603
ie $483/.80 = $603.75
spod price = $869
total costs = $603
profit (excluding cap ex) = $266
margin then would still be 31% or would that be being way too optimistic?
finally, there would always be scope to reduce cap ex if things got bad as what Albermarle is doing now.
would love to get some feed back...
Just want to find out how bullet proof PLS actually is.
Shorters seem to think otherwise of course and are most likely waiting for a miss step along the way