RE:RE:RE:RE:RE:RE:RE:Interesting movesLooks like the market is waking up to the fact that LAC will be a cash machine starting next year... back of the envelope calculations on the 49% ownership of Cauchari with the first phase (40K t/anum) in full production at $13G/ton brings into the coffers ~ $260 million FF.
Now consider they have already planned an expansion to 60 K t/anum that could generate ~$400 million/yr. in revenue..
Now factor in the fact that prices are, and are forcast to be higher than the $13G/ton those numbers could be low.. ;-)
JMHO and GL to the longs..!