I think cap ex aside...
I estimate the cost of production is about $600
So PLS would still be profitable if the spod price went to US $700
let's say we sell 725,000 tonnes @ $100 profit would get you about $72.5m
per share that'd be about $0.02 a share
so a bit about above break even, but still a going concert.
Any idea how many other mines will still be in business?
Spodumene Prices, page-4685
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