Is a $1,500 Spod price realistic? Most likely not, at least for the next few years. According to this graph supply will grow by some 80% in the next three years. It seems difficult tor demand to absord that extra supply.
Other noteworthy content: * prior to the 22-23 boom the spod price averaged app. US$ 800 * lepodolite is higher opex - lower capex and spodequivalent price is US$ 1,300 * approximate equilibrium spod price US$ 1,000
If used in a DFS this would probably be low case US$ 800, midcase US$ 1,000 and high case US$ 1,300.
WR1 Price at posting:
68.0¢ Sentiment: None Disclosure: Not Held
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