what is happening at mt caitlin?, page-4

Hi ASXBULL'
What prices are the long term contracts set at?
Long term contracts are only as good as the pricing formula.For example, if a long term contract is priced
at a discount to today's price, then, like hedging,it
could be a negative in a future bull li market.

In order to estimate the fundamentals of this company,
management has to give us some idea of the value of product at the mine gate, the cost of production & volumes; otherwise we're punting on value.

And given that the business model is vertically
integrated via the Chinese factory, we also need
to know factory input costs, the cost of li refining
and battery production and factory revenue.

The Li business seems to be very secretive about costs and
margins and GXY has to let us know what it's estimates are
so that we can confidentally invest.Otherwise its a purely speculative stock and sentiment will determine SP and its volitility.

Moorookamick