PLL 3.33% 15.5¢ piedmont lithium inc.

Per Benchmark Mineral Intelligence, Sep'20 global WAP for:SC6 ~...

  1. 10,875 Posts.
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    Per Benchmark Mineral Intelligence, Sep'20 global WAP for:
    SC6 ~ US$375/t
    Li2CO3 ~US$6,086/t
    LiOH ~ US$8,795/t

    So if you have an off-take agmt with an agreed floor price of $550/t with cash cost $350/t what's wrong - your DFS or your operation?

    If you think this is off-topic then you're firmly in the camp of "SFT" where "Price is Irrelevant" and is "a byproduct of non-rational impulses among investors to buy and sell". If so, why does anyone bother with a DFS etc. There is more to learn from this than just too high a debt load (which I agree with) - but that decision was made as the "optimal" capital structure to support the business.

 
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