My thoughts are it would depend on the numbers they are working with behind the scenes and whether it's economical.
Current spodumene concentrate pricing range depends on grade i guess e.g. getting it to 5.3 - 6% SC. This would require costs for processing, sorting etc...
Widgie is talking about doing DSO. Basically dig, load, and ship. I'm guessing little to no processing costs. If they can fetch $700 - $1000 (assumed lower pricing due to DSO nature) a tonne and have minimal costs of producing per tonne then it's something to work with.
These are just high level assumptions and taking a relative view. I don't know what DSO costs are for spod operations these days versus what pricing DSO product sells for.
My thoughts are it would depend on the numbers they are working...
Add WIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.9¢ |
Change
-0.003(9.38%) |
Mkt cap ! $9.255M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 2.9¢ | $17.66K | 582.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280171 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.40pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
2.9¢ |
Change
-0.003 ( 9.38 %) |
||||
| Open | High | Low | Volume | ||
| 3.1¢ | 3.1¢ | 2.9¢ | 157998 | ||
| Last updated 15.10pm 14/06/2024 ? | |||||
| WIN (ASX) Chart |