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5.11%

$6.13 orocobre limited

Yes I did know about the grades. I just thought we produced far...

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Master Spock

623 Posts.

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24/12/18

11:14

Post #: 36950686
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Originally posted by niu: ↑

If you have followed this company and read anything about them you then should know that they sell a range of products.

This range includes "primary" grade which has not been run through the purification plant. This has sold with equivalent margins to the purified product and they have been quite happy to sell it.

They also sell Battery Grade product (50% of their sales mix this quarter).

So they sell low grade and high grade products according to what the customers want and according to what provides the best long term return.

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Yes I did know about the grades. I just thought we produced far more BG than TG.

ORE Price at posting: $3.14 Sentiment: Hold Disclosure: Held
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