squeeze please, page-27

vin
that lit Chart tracks a basket of lithium stocks as opposed to underlying lithium prices.

regardless China has manipulated the sheet out of spot prices so no one has a clue what’s going on. Also backed by the investment banks.

companies are still making profit and forecast are for increases in lithium prices.

Calvo, seems to think this is not corruption lol.

only reason galaxy cash margins dropped (but still US$288/pt = profit!) was because of the permit issue not allowing them to mine the higher grade area. This has been rectified, further more the optimisation of the plant upgrade is complete and increasing ore recoveries by 20% or 20% reduction in production costs.


prices steady, +20% recovery alone = cash margin us$345 p/t

add in the higher grade ore which will further reduce the production cost. Even if you assume this offsets any reduction in contract pricing.


looking great at $2.08 per share.