RE:Shipment News and Strong Potential for Additional ContractsIf they can get 1,000 tonnes every 2 weeks going then at $100/tonne gross profit that is $100,000 US every two weeks which is US $2.6 million per annum. Three or 4 months of doing that will definitely help the share price. Could be a nice Xmas present !! Hopefully there will be a NR in the next week or so with an update.
News on new contracts and increased shipping volumes in the next 3 months will be the cream on the cake. I'm feeling very optimistic about this being a big win if they execute their current business plan of getting up to 10,000 then 40,000 tonnes a month. Phil Thomas is obviously a smart experienced guy who seems able to deliver on his promises.
You never know what he has up his sleeve on the lithium. He has produced lithium before and sold the company. Hopefully, the current low lithium price will increase as more cars are manufactured. The web site says that lithium from brines is the cheapest way to produce lithium carbonate.
We just have to be patient. Could be a great 2020 !!