Lithium Related Media Articles, page-38

Hi El Jefe, a USD750 price would be nice but given comments that others are getting in the 600's for above 6% spod , do you think this is a reasonable assumption that A40 can achieve your suggested USD750 if , as this poster suggest, competitors are accepting substantially lower prices.

Refer attached post
https://hotcopper.com.au/threads/ke...4609376/page-47?post_id=37204465#.XE1iJeR7nIU

Seems very unrealistic to me to assume such high prices if competitors are offering lower prices, though unfortunately I cannot verify the accuracy of the information as no substantiation was provided, so perhaps just a sector down ramper?. Have you heard anything on prices in the $600's , its pretty scary stuff and I struggle to see A40 being able to achieve cashflow positive for a considerable time whilst it maintains a high strip ratio and high pre strip if prices in the USD 600's are what competitors are offering, as per the poster as per attached post.

Anyway, would appreciate your thoughts, will A40 be able to achieve cash flow positive in say the next year if it needs to compete with the prices as suggested by this poster.

Thanks