GREY:NMKEF - Post by User
Comment by
will.caon Nov 29, 2017 10:29pm
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Post# 27060224
RE:RE:RE:Rapport états financiers // SEDAR
RE:RE:RE:Rapport états financiers // SEDARCost to product hydroxide vs carbonate is similar. Recently carbonate has actually been priced higher than hydroxide as it is more widely used and thus in higher demand. As long as the contract with FMC was good and they are getting a market price or something close to market, it doesn't matter. If FMC wants to pay more for carbonate then sell their converted hydroxide for less they can be my guest.
Hydroxide vs Carbonate price here
https://seekingalpha.com/article/4127961-lithium-miners-news-month-november-2017
siqon55 wrote: Available from sedar in English since Nov 14
Hope you know what it means ... more Li Carb less LiOH .... now 50% of production will goes to FMC so they can re-brand NMX's product into FMC LiOH... pathetic
Meaning the whole June 2016 FS economic don't make sense anymore- The whole Lithium Hydroxide advantage is going sideways
call me a basher if you need to, but f*ck they know how to push my buttons:
"It was also decided, given the current off-take agreements in place, to increase the lithium carbonate production capacity from the 3,250 tonnes initially planned to 16,500 t/y (about 50% of the total capacity of the hydromet plant)." p.8 in fine