PLS 2.93% $2.98 pilbara minerals limited

Spodumene Prices, page-4697

  1. 14,081 Posts.
    lightbulb Created with Sketch. 78
    sorry to put Nolan's spod price pic again. but he seems to have trimmed off the top part...

    https://hotcopper.com.au/data/attachments/6377/6377281-2e0f5b46d1b9b7d8f74f6e77f54bffc3.jpg
    in the left corner is says "Li2O content 5.5-6.2%" and then in right hand corner it says "sub-brand of Galaxy, Pilbara etc"
    Even if you reduce the content to 5.2 you get $813
    ie 5.2/5.5 = .95
    .95 x $860 = $813.
    How do you get $730 a tonne?
    thanks


 
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