We don't get spod better than the spot price at all.
When spod was $1100US/T we were selling it at afar lower price than that.
We did one BMX auction back in May for $1106 US/T for 5000 T.
Look at the June data. Shows average selling price was $840US/T.
We find out on Friday what the profits are for the last 6 months.
Some are suggesting the profits are $400m and it may even be about $600m
due to the fact we are buying out another mine. They also building another project
to cost $1.2b and as their cash reserves are going down they'll be going into debt or they had a good
enough profit in he last 6 months.
Find out one way or the other come Friday.
Then I suspect the stock will zoom up to $3.50 and beyond.
Spodumene Prices, page-4737
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Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $8.671B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.93 | $2.84 | $50.85M | 17.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 179945 | 5 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |