GREY:NMKEF - Post by User
Comment by
LithiumBulldogon May 24, 2016 4:55pm
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Post# 24900831
RE:Realistic Share Price for NMX Upon Start Up of Mine Producti
RE:Realistic Share Price for NMX Upon Start Up of Mine Producti It really depends on what the price of lithium will be in 2018.
We know that NMX will produce for about $3,000 a ton, so if lithium hydroxide is $30,000, it will have a massive 90% gross margin. If it is $6,000 a ton, it will still have a fat 50% margin.
Depending on where lithium prices are, this will be one of the most profitable mines on the planet.
Same logic goes for CRE too, which should also have a lithium carbonate cost near $3,000 a ton.