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25/02/16
11:13
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Originally posted by Thesimmos
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Unfortunately it appears to be the throughput and not the final product. Makes sense considering how much you would need to put through for 800kt of spodumene when they need 1.6mt for 200kt. It would be like cycling the whole mine site through. ☺️
I am surprised that GMM dropped down on that announcement considering they still have the offtake announcement to come and the number of sellers and shares on offer to buyers.. Weird decision..
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I think the market will react well to production / profit (and of course off-take agreements). It's a waiting game... something I'm terrible at, but I will sit tight.