GREY:NMKEF - Post by User
Comment by
mick1888on Jul 14, 2019 4:11pm
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Post# 29918427
RE:RE:RE:RE:RE:Morgan Stanley forecasts 30 per cent drop in lithium prices
RE:RE:RE:RE:RE:Morgan Stanley forecasts 30 per cent drop in lithium prices Nick - 4% is only on the basis LI increases by 50% and it's good that NMX does not have a fixed price as they can then then hold out for a quality premium. In addition, NMX have a forecast margin of 75% (low cost producer), so when the current financial situation is resolved they will be very well placed for decades of profit.... ;-)